12 U.S.C. § 375
[Reserved]
[reserved]
Notes of Decisions
Cited in 7
cases (1 in the last 5 years), 1977–2024 · leading case: United States v. Fred De La Mata
United States v. Fred De La Mata (2001)
“Extensions of Credit Under 12 U.S.C. § 375 (a), the Federal Reserve was authorized to prescribe rules concerning extensions of credit to bank insiders.”
Washington Bancorporation v. Said (1993)
“The uncontroverted facts are as follows: • Under 12 U.S.C. § 375 , Mr. Hodges, despite his status as CEO and Chairman of the Board, could purchase the property legally, so long as the sale was on terms not more favorable than those offered to the general public.”
United States v. Thomas E. Wolf (1987)
“At trial, the government repeatedly referred to Christo’s violations of the civil statute and the court instructed the jury it could find that the § 375 violations constituted a criminal misapplication of bank funds.”
First National Bank v. United States (1984)
“Finally, Louisa argues it complied with 12 U.S.C. § 375 (b). This statute requires interested directors to abstain from participating in approval of such loans.”
Valente v. Dennis (1977)
“12 U.S.C. § 375 provides: Any member bank may contract for, or purchase from, any of its directors or from any firm of which any of its directors is a member, any securities or other property, when (and not otherwise) such purchase is made in the regular course of business upon…”
United States v. Van Dyke (1993)
“1978); 12 U.S.C. §§ 375 (a), 1817 and 1818. Had the Alta Bank been aware of what defendant was doing, they surely would have disapproved of it.”
McCrea v. Santomassimo (2024)
“§ 503 ; this statute provides individual liability for directors of officers of a bank who knowingly violate 12 U.S.C. §§ 375 , 374a, 375b, or 376 or 18 U.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.