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" ... shall not be considered as loans secured by real estate within the meaning of this section but shall be classed as ordinary commercial loans... "
National Housing Act, Hearings Before ..., 73-2 on S. 3603 ..., May 16-24, 1934 - Page 11
by United States. Congress. Senate. Banking and Currency Committee - 1934 - 447 pages
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National Housing Act: Hearings Before the Committee on Banking and Currency ...

United States. Congress. House. Committee on Banking and Currency - Housing - 1934 - 392 pages
...Personally, I am opposed to that change. Now what have you done in section 406, on page 42? You say there " that no national banking association shall invest...such loans in an aggregate amount in excess of 50 per centum of its actually paid in and unimpaired capital." What is the present restriction? Mr. RUSSELL....
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National Housing Act as Amended, and Provisions of Other Laws Pertaining to ...

United States, United States. Federal Housing Administration - Housing - 1935 - 104 pages
...of residential or farm buildings and having maturities of not to exceed six months, whether or not secured by a mortgage or similar lien on the real...banking association shall invest in, or be liable on, any such loans in an aggregate amount in excess of 50 per centum of its actually paid-in and unimpaired...
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Federal Farm Loan Act, with Amendments and Farm Mortgage and Farm Credit Acts

United States - Agricultural credit - 1966 - 376 pages
...of residential or farm buildings and having maturities of not to exceed six months, whether or not secured by a mortgage or similar lien on the real...banking association shall invest in, or be liable on, any such loans in an aggregate amount in excess of 50 per centum of its actually paid-in and unimpaired...
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Home Owners' Loan Acts and Housing Acts

United States - Federal home loan banks - 1966 - 980 pages
...of residential or farm buildings and having maturities of not to exceed six months, whether or not 940 any such loans in an aggregate amount in excess of 50 per centum of its actually paid-in and unimpaired...
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United States Code, Volume 3

United States - Law - 1971 - 1248 pages
...within the meaning of this section but shall be classed as ordinary commercial loans whether or not secured by a mortgage or similar lien on the real estate upon which the building or buildings are being constructed: Provided, That no national banking association shall invest...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1977 - 970 pages
...within the meaning of this section but shall be classed as ordinary commercial loans whether or not secured by a mortgage or similar lien on the real estate upon which the building or buildings are being constructed: Provided,, That no national banking association shall...
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Miscellaneous Hearings: Hearings Before ... , 83-2 on H.R. 6773 ... , H.R ...

United States Congress. House. Banking and Currency Committee - 1954 - 106 pages
...of residential or farm buildings and having maturities of not to exceed six months, whether or not secured by a mortgage or similar lien on the real...banking association shall invest in, or be liable on, any such loans in an aggregate amount in excess of 50 per centum of its actually paid-in and unimpaired...
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National Bank Residential Mortgage and Construction Loans: Hearing Before ...

United States. Congress. House. Committee on Banking and Currency - Mortgages - 1955 - 68 pages
...within the meaning of this section but shall be classed as ordinary commercial loans whether or not secured by a mortgage or similar lien on the real estate upon which the building or buildings are being constructed : Provided, That no national banking association shall...
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National Bank Residential Mortgage and Construction Loans: Hearings Before ...

United States Congress. House. Banking and Currency Committee - 1955 - 74 pages
...within the meaning of this section but shall be classed as ordinary commercial loans whether or not secured by a mortgage or similar lien on the real estate upon which the building or buildings are being constructed : Provided, That no national banking association shall...
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National Bank Amendments, Hearing Before a Subcommittee of ..., 84-1 on S ...

United States. Congress. Senate. Committee on Banking and Currency - 1955 - 48 pages
...within the meaning of this section but shall be classed as ordinary commercial loans whether or not secured by a mortgage or similar lien on the real estate upon which the building or buildings are being constructed: Provided, That no national banking association shall invest...
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