12 U.S.C. § 40

Virgin Islands; extension of National Bank Act

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The National Bank Act, as amended [12 U.S.C. 21 et seq.], and all other Acts of Congress relating to national banks, shall, insofar as not locally inapplicable after July 19, 1932, apply to the Virgin Islands of the United States.

Notes of Decisions

Cited in 1 case, 1981–1981 · leading case: First Fed. Sav. & Loan Ass'n of Puerto Rico v. Hector L. Ruiz De Jesus, 644 F.2d 910 (1st Cir. 1981).

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First Fed. Sav. & Loan Ass'n of Puerto Rico v. Hector L. Ruiz De Jesus, 644 F.2d 910 (1st Cir. 1981). “Adoption of section 42 did no more than continue what had been stated two years earlier with respect to Guam, 12 U.”

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