NATIONAL BANKS
Title 12 - Banks and Banking
Redemption of notes unidentifiable as to bank of issue
Redeemed notes of unidentifiable issue; funds charged against
Banks in reserve cities; reserves
Banks in Alaska and insular possessions; lawful money reserves
Certain balances counted toward reserves in dependencies and insular possessions
Reports to Comptroller of the Currency
Penalty for failure to make reports
Funds available for cost of transporting and redeeming national and Federal Reserve bank notes
Voluntary dissolution; appointment and removal of liquidating agent or committee; examination
Notice of intent to dissolve
Appointment of receiver for a national bank
Default in payment of circulating notes
Notice to present claims
Dividends on adjusted claims; distribution of assets
Expenses
Shareholders’ meeting; continuance of receivership; appointment of agent; winding up business; distribution of assets
Resumption of business by closed bank on consent of depositors
Purchase by receiver of property of bank; request to Comptroller
Approval of request
Payment
Short title
Definitions
Appointment of conservator
Examinations
Termination of conservatorship
Conservator; powers and duties
Liability protection
Formation of national banking associations; incorporators; articles of association
Governmental powers unimpaired
Rules and regulations
Right to amend; separability
Definitions
Procedure for conversion, merger, or consolidation; vote of stockholders
Continuation of business and corporate entity
Conversions in contravention of State law
Prohibition on conversion
Consolidation of banks within same State
Merger of national banks or State banks into national banks
Interstate consolidations and mergers
Expedited procedures for certain reorganizations
Mergers and consolidations with subsidiaries and nonbank affiliates
Definitions
Mergers, consolidations, and other acquisitions authorized
Purpose
Definitions
Disposition of unclaimed property
Rules and regulations
Severability
Amendment of articles of association
Organization certificate
Acknowledgment and filing of certificate
Corporate powers of associations
Financial subsidiaries of national banks
Participation by national banks in lotteries and related activities
State law preemption standards for national banks and subsidiaries clarified
Comptroller to determine if association can commence business
Certificate of authority to commence banking
Power to hold real property
Change of name or location
Rights and liabilities as affected by change of name
Liabilities and suits as affected by change of name or location
Organization of State banks as national banking associations
Branch banks
Associations governed by chapter
The National Bank Act
Reservation of rights of associations organized under Act of 1863
Virgin Islands; extension of National Bank Act
Guam; extension of National Bank Act
Territorial application
Interpretations concerning preemption of certain State laws
Preferred stock; issuance authorized
Dividends, voting, and retirement of preferred stock; individual liability
Consideration of preferred stock in determining impairment of capital; dividends; retirement
“Common stock”, “capital”, and “capital stock” defined
Par value and incidents of stock; transfer of shares
When capital stock paid in
Enforcing payment of deficiency in capital stock; assessments; liquidation; receivership
Prohibition on withdrawal of capital; unearned dividends
Increase of capital by provision in articles of association
Reduction of capital
National bank dividends
Shareholders’ voting rights; cumulative and distributive voting; preferred stock; trust shares; proxies, liability restrictions; percentage requirement exclusion of trust shares
List of shareholders
Individual liability of shareholders; limitation on liability
Personal liability of representatives of stockholders
Individual liability of shareholders; compromises; authority of receiver
Election
Number of directors; penalties
Qualifications
Oath
Vacancies
Legal holiday, annual meeting on; proceedings where no election held on proper day
President of bank as member of board; chairman of board
Place of business
Loans by bank on its own stock
Lending limits
Rate of interest on loans, discounts and purchases
Usurious interest; penalty for taking; limitations
Depositaries of public moneys and financial agents of Government
Transfers by bank and other acts in contemplation of insolvency
Acting as insurance agent or broker
Trust powers
Violation of provisions of chapter
Authority to prescribe rules and regulations
Venue of suits
Emergency limitations and restrictions on business of members of Federal Reserve System; designation of legal holiday for national banking associations; exceptions; “State” defined