Associations for carrying on the business of banking under title 62 of the Revised Statutes may be formed by any number of natural persons, not less in any case than five. They shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with law, which the association may see fit to adopt for the regulation of its business and the conduct of its affairs. These articles shall be signed by the persons uniting to form the association, and a copy of them shall be forwarded to the Comptroller of the Currency, to be filed and preserved in his office.
Associations for carrying on the business of banking under title 62 of the Revised Statutes may be formed by any number of natural persons, not less in any case than five. They shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with law, which the association may see fit to adopt for the regulation of its business and the conduct of its affairs. These articles shall be signed by the persons uniting to form the association, and a copy of them shall be forwarded to the Comptroller of the Currency, to be filed and preserved in his office.
Source
(R.S. § 5133.)
References in Text
Title 62 of the Revised Statutes, referred to in text, was in the original “this Title” meaning title LXII of the Revised Statutes, consisting of R.S. §§ 5133 to
5244, which are classified to this section and sections
16,
22 to
24a,
25a,
25b,
26,
27,
29,
35 to
37,
39,
43,
52,
53,
55 to
57,
59 to
62,
66,
71,
72 to
76,
81,
83 to
86,
90,
91,
93,
93a,
94,
141 to
144,
161,
164,
181,
182,
192 to
194,
196,
215c,
481 to
485,
501,
541,
548, and
582 of this title. See, also, sections
8,
333,
334,
475,
656,
709,
1004, and
1005 of Title
18, Crimes and Criminal Procedure. For complete classification of R.S. §§ 5133 to
5244 to the Code, see Tables.
Codification
R.S. § 5133 derived from act June 3, 1864, ch. 106, § 5,13 Stat. 100, which was the National Bank Act. See section
38 of this title.
Exception as to Transfer of Functions
Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section
1 of this title.
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