There is a newer version of the US Code
2012 US Code
Title 12 - Banks and Banking
Chapter 6 - FOREIGN BANKING (§§ 601 - 633)
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Metadata
Publication Title | United States Code, 2012 Edition, Title 12 - BANKS AND BANKING |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 12 - BANKS AND BANKING CHAPTER 6 - FOREIGN BANKING |
Contains | sections 601 to 633 |
Date | 2012 |
Laws in Effect as of Date | January 15, 2013 |
Positive Law | No |
Disposition | standard |
- Table Of Contents
- Subchapter I - ESTABLISHMENT BY NATIONAL BANKS OF FOREIGN BRANCHES AND INVESTMENTS IN BANKS DOING FOREIGN BUSINESS (§§ 601 - 605)
- Section 601 - Authorization; conditions and regulations
- Section 602 - Reports and examinations
- Section 603 - Restrictions imposed by Board of Governors of the Federal Reserve System on banks purchasing stock in corporations doing foreign business
- Section 604 - Accounts of foreign branches; profit and loss
- Section 604a - Regulations authorizing exercise by foreign branches of usual powers of local banks; restrictions
- Section 605 - Repealed. Aug. 23, 1935, ch. 614, title III, §329, 49 Stat. 717
- Subchapter II - ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING (§§ 611 - 633)
- Section 611 - Formation authorized; fiscal agents; depositaries in insular possessions
- Section 611a - Statement of purposes; rules and regulations
- Section 612 - Articles of association; contents
- Section 613 - Signing of articles of association; forwarding to and filing by Board of Governors of the Federal Reserve System; organization certificate; contents
- Section 614 - Organization certificate; acknowledgment; forwarding to, filing, and approval by Board of Governors of the Federal Reserve System; permit to do business; body corporate; name; seal; corporate succession; contracts; suits; directors, officers, and employees; bylaws
- Section 615 - Powers of corporation
- Section 616 - Place of carrying on business; when business may be begun
- Section 617 - Engaging in commerce or trade in commodities; price fixing; forfeiture of charter; acts forbidden to directors, officers, agents, or employees
- Section 618 - Capital stock; amount; when paid in
- Section 619 - Capital stock; by whom held; ownership of capital stock by foreign bank
- Section 620 - Members of Board of Governors of the Federal Reserve System without interest in corporation
- Section 621 - Liability of shareholders on unpaid subscriptions; membership of corporation in Federal reserve bank prohibited
- Section 622 - Forfeiture of rights and privileges; dissolution; liability of directors and officers
- Section 623 - Voluntary liquidation
- Section 624 - Appointment of receiver or conservator
- Section 625 - Stockholders’ meetings; books and records; reports; examination
- Section 626 - Dividends; surplus fund
- Section 627 - State taxation
- Section 628 - Extension of corporate existence
- Section 629 - Conversion of banking corporations into Federal corporations; procedure
- Section 630 - Offenses by officers of corporation; punishment
- Section 631 - False representations as to liability of United States for acts of corporation; punishment
- Section 632 - Jurisdiction of United States courts; disposition by banks of foreign owned property
- Section 633 - Potential liability on foreign accounts
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