SUBCHAPTER I—ESTABLISHMENT BY NATIONAL BANKS OF FOREIGN BRANCHES AND INVESTMENTS IN BANKS DOING FOREIGN BUSINESS
Authorization; conditions and regulations.
Reports and examinations.
Restrictions imposed by Board of Governors of the Federal Reserve System on banks purchasing stock in corporations doing foreign business.
Accounts of foreign branches; profit and loss.
Regulations authorizing exercise by foreign branches of usual powers of local banks; restrictions.
SUBCHAPTER II—ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING
Formation authorized; fiscal agents; depositaries in insular possessions.
Statement of purposes; rules and regulations.
Articles of association; contents.
Signing of articles of association; forwarding to and filing by Board of Governors of the Federal Reserve System; organization certificate; contents.
Organization certificate; acknowledgment; forwarding to, filing, and approval by Board of Governors of the Federal Reserve System; permit to do business; body corporate; name; seal; corporate succession; contracts; suits; directors, officers, and employees; bylaws.
Powers of corporation.
Place of carrying on business; when business may be begun.
Engaging in commerce or trade in commodities; price fixing; forfeiture of charter; acts forbidden to directors, officers, agents, or employees.
Capital stock; amount; when paid in.
Capital stock; by whom held; ownership of capital stock by foreign bank.
Members of Board of Governors of the Federal Reserve System without interest in corporation.
Liability of shareholders on unpaid subscriptions; membership of corporation in Federal reserve bank prohibited.
Forfeiture of rights and privileges; dissolution; liability of directors and officers.
Appointment of receiver or conservator.
Stockholders’ meetings; books and records; reports; examination.
Dividends; surplus fund.
Extension of corporate existence.
Conversion of banking corporations into Federal corporations; procedure.
Offenses by officers of corporation; punishment.
False representations as to liability of United States for acts of corporation; punishment.
Jurisdiction of United States courts; disposition by banks of foreign owned property.
Potential liability on foreign accounts.