Shareholders in any corporation organized under the provisions of this subchapter shall be liable for the amount of their unpaid stock subscriptions. No such corporation shall become a member of any Federal reserve bank.
Title 12
12
12 U.S.C. § 621.Chapter 6
§ 621
Liability of shareholders on unpaid subscriptions; membership of corporation in Federal reserve bank prohibited
Title 12
1 min read
Subchapter: ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING
Need the full chapter outline? Open Chapter 6 to browse every section without loading the entire chapter explorer on this page.