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" No national banking association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands of... "
Laws of the United States Relating to Loans and the Currency, Since 1860 - Página 170
por United States - 1878 - 271 páginas
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1901
...Bank, 77 Pa. 96; Pangborn v. Westlake, 36 Iowa, 546. Section 5202 provides that no national bank shall "be indebted or in any way liable to an amount exceeding the amount of its capital stock * * * paid in * * * except on'' circulation, deposits, special funds, or declared dividends. But it...
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History of Coinage and Currency in the United States and the ..., Volumen10

Alonzo Barton Hepburn - 1903 - 666 páginas
...business of the association, according to the provisions of this act. SEC. 36. That no association shall at any time be indebted, or in any way liable,...otherwise, except on the following accounts, that is to say : — I. On account of its notes of circulation. II. On account of moneys deposited with, or collected...
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Select Statutes and Other Documents Illustrative of the History of the ...

William MacDonald - 1903 - 442 páginas
...association, according to the provisions of this act. SEC. 36. And be it further enacted, That no association shall at any time be indebted, or in any way liable,...of its capital stock at such time actually paid in arid remaining undiminished by losses or otherwise, except on the following accounts, that is to say...
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The National Bank Act: With All Its Amendments Annotated and Explained

John Melville Gould - 1904 - 288 páginas
...purpose. Bundy v. Jackson, supra. SECT. 5202. [Restriction on Bank's Liability]. — « No association shall at any time be indebted, or in any way liable,...remaining undiminished by losses or otherwise, except on account of demands of the nature following: "First. Notes of circulation. "Second. Moneys deposited...
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The Business Law of Wisconsin: With a Collection of Practical Forms for the ...

Edward Voigt, Charles Voigt - 1904 - 800 páginas
...cannot hypothecate its own notes nor can any of its capital be withdrawn. It cannot at any time become "indebted or in any way liable to an amount exceeding...of its capital stock at such time actually paid in, except for notes in circulation, moneys deposited with or collected by it, bills of exchange or drafts...
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Annals of the American Academy of Political and Social Science

1904
...with respect to capitalization, Section No. 5202 RS provides that "no Association at any time shall be indebted, or in any way liable, to an amount exceeding the amount of its capital stock (capital resources) at such time actually paid in, and remaining undiminished by loss or otherwise,...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volumen5

United States - 1905
...were an offset to the proceeds. Sec. 5202. [Limit upon, indebtedness to be incurred.] Nb association shall at any time be indebted, or in any way liable,...remaining undiminished by losses or otherwise, except on account of demands of the nature following: First. Notes of circulation. Second. Moneys deposited with...
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The Bank and the Treasury

Frederick Albert Cleveland - 1905 - 326 páginas
...reports with respect to capitalization: Section 5202, RS, provides that "No association at any time shall be indebted, or in any way liable, to an amount exceeding the amount of its capital-stock [capitalresources] at such time actually paid in, and remaining undiminished by loss...
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A Treatise on the Law of National and State Banks: Including the Clearing ...

Harvey White Magee - 1906 - 800 páginas
...fifty-two hundred and tliirtv-four. 112. RESTRICTION ON BANK'S LIABILITY. (SEC. 5202.) No association shall at any time be indebted, or in any way liable,...remaining undiminished by losses or otherwise, except on account of demands of the nature following: First. Xotes of circulation. Second. Moneys deposited with...
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International Library of Technology: A Series of Textbooks ..., Volumen44,Parte2

1906
...association, according to Section 5234. 112. Restriction on Bank's Liabitity (Sec. 5202).— No association shall at any time be indebted, or in any way liable,...remaining undiminished by losses or otherwise, except on account of demands of the nature following: FIRST. Notes of circulation. SECOND. Moneys deposited with...
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