12 U.S.C. § 53
When capital stock paid in
All of the capital stock of every national banking association shall be paid in before it shall be authorized to commence business.
Notes of Decisions
Cited in 1
case, 1940–1940 · leading case: Deitrick v. Greaney
Deitrick v. Greaney (1940)
“§§ 5140, 5141, 12 U.S.C. §§ 53 , 54. It prohibits the purchase by a bank of its own shares of stock and their retention when purchased, R.”
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