Hidden fields
Books Books
" ... any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith; and... "
The Code of Federal Regulations of the United States of America - Page 114
1996
Full view - About this book

Public Documents of Massachusetts, Volume 6, Part 2

Massachusetts - 1894 - 304 pages
...debt previously contracted in good faith ; and stock xxiv APPENDIX. so purchased shall, within six months from the time of its purchase, be sold or disposed of at public or private sale. SECT. 11. The shareholders of every such corporation shall be held individually liable in the same...
Full view - About this book

Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - 1894 - 760 pages
...debt previously contracted in good faith ; and stock so purchased or acquired shall, within six mouths from the time of its purchase, be sold or disposed of at public or private sale. SECT. 17. The total liabilities to such corporation of any person, firm or corporation, other than...
Full view - About this book

Public Documents of Massachusetts, Issue 7, Part 1 - Issue 8, Part 1

Massachusetts - 1893 - 1064 pages
...upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of ut public or private sale. SECT. 17. The total liabilities to such corporation of any person, firm...
Full view - About this book

Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1180 pages
...upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
Full view - About this book

The Bank of England: And the Organisation of Credit in England

Charles Tennant - 1866 - 894 pages
...disposed of, at public or private sale, within six months from the time of its purchase, in default a receiver may be appointed to close up the business of the Association. Sec. 36. Limitation of indebtedness prescribed. Sec. 37. Pledge of notes of circulation enjoined. Sec....
Full view - About this book

The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 pages
...upon a debt previously contracted in good faith; and stock so purchased or acquired, shall, within six months from the time of its purchase, be sold or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
Full view - About this book

The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 438 pages
...from the time of its purchase, be sold or disposed of at public or private sale, in default of which a receiver may be appointed to close up the 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...
Full view - About this book

An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 pages
...con- stock n°'<0 ta tracted in good faith ;(c) and stock so purchased or acquired shall, within six l l*m+m]m k kxoyo o o o `Uk ` n o o o o o o ochi j k n n n|` ome m o nMoNo oPoQo l a a in default of which a receiver may be appointed to close up the business of the association, according...
Full view - About this book

Albany Law Journal, Volume 28

1884 - 550 pages
...upon a debt previously contracted in good faith, and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed...appointed to close up the business of the association." While this section in terms prohibits a banking association from making a loan upon the security of...
Full view - About this book

A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 pages
...debt previously contracted in good faith ; and stock so purchased or acquired shall, within six mouths from the time of its purchase, be sold or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF