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Code · STATUTE-COMPILATIONS · Compilation 270 · Sec. 17

Sec. 17. **[**deposit of bonds by national banks.**]**

146 words·~1 min read·/statute-compilations/comps-270/sec-17

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## Sec. 17 **[**deposit of bonds by national banks.**]** So much of the provisions of section fifty-one hundred and fifty-nine of the Revised Statutes of the United States, and section four of the Act of June twentieth, eighteen hundred and seventy-four, and section eight of the Act of July twelfth, eighteen hundred and eighty-two, and of any other provisions of existing statutes as require that before any national banking association shall be authorized to commence banking business it shall transfer and deliver to the Treasurer of the United States a stated amount of United States registered bonds, and so much of those provisions or of any other provisions of existing statutes as require any national banking association now or hereafter organized to maintain a minimum deposit of such bonds with the Treasurer is hereby repealed. **[**[12 U.S.C. 101a note](/us/usc/t12/s101a)**]** **[**1.
Application to sell bonds securing circulation**]**
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  • 12 USC 101a
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Sec. 17
**[**deposit of bonds by national banks.**]**
Cite12 USC 101a
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