 | Henry Parker Willis, William Howard Steiner - Federal Reserve banks - 1926 - 1202 pages
...at least 60 per cent of the amount sufficient to entitle it to become a national banking association in the place where it is situated under the provisions of the ^National Bank Act and, under penalty of loss of membership complies with rules and regulations which the Federal... | |
 | Robert Gordon Rodkey - Banks and banking - 1928 - 384 pages
...possesses a paid-up, unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated under the provisions of the National Bank Act, or (b) it possesses a paid-up, unimpaired capital of at least 60 per centum of the amount... | |
 | United States. Federal Reserve Board - Banking law - 1928 - 808 pages
...last sentence of para- . capital sufficient to entitle it to become a national banking association in the place where it is situated under the provisions of the national-bank Act. 10 "Banks becoming members of the Federal Reserve System under authority of this... | |
 | United States. Congress. House. Committee on Banking and Currency - Bank capital - 1932 - 296 pages
...public, that has a margin of only $10,000 or $15,000 capital as protection for depositors. Mr. TILTON. No, sir. Mr. SHALLENBERGER. May I read you the act,...original law, though I may be mistaken about it. Mr. SHALLENBERGER. It is in the 1931 act, which I am reading from. The CHAIRMAN. My recollection is that... | |
 | Trust companies - 1917 - 822 pages
...possesses a paid-up unimpaired capital sufficient to entitle it to become a National banking association in the place where it is situated under the provisions of the National Bank Act. "Banks becoming members of the Federal Reserve system under authority of this section shall... | |
 | Administrative law - 1949 - 614 pages
...such bank or trust company shall have outSec. ยง 208.4 It to become a national banking association in the place where it is situated under the provisions of the National Bank Act, except in the following circumstances, in which case such a bank may be admitted to membership... | |
 | United States Congress. House. Banking and Currency Committee - 1958 - 908 pages
...possesses a paid-up unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated under the provisions of the National Bank Act, as amended : Provided, That this paragraph shall not apply to State banks and trust companies... | |
 | United States - Agricultural credit - 1976 - 448 pages
...possesses a paid-up, unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated under the provisions of the National Bank Act, or (b) it possesses a paid-up, unimpaired capital of at least 60 per centum of the amount... | |
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No applying bank shall be admitted to membership in a Federal reserve bank unless it possesses a paid-up unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated, under the provisions of the... 
