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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 2— NATIONAL BANKS · SUBCHAPTER XIII— RECEIVERSHIP · § 194

§ 194. Dividends on adjusted claims; distribution of assets

263 words·~1 min read·/usc/title-12/section-194

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

From time to time, the comptroller shall make a ratable dividend of the money so paid over to him by such receiver on all such claims as may have been proved to his satisfaction or adjudicated in a court of competent jurisdiction, and, as the proceeds of the assets of such association are paid over to him, shall make further dividends on all claims previously proved or adjudicated; and the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to the stock by them respectively held.
(R.S. § 5236; Pub. L. 103–325, title VI, § 602(g)(12), Sept. 23, 1994, 108 Stat. 2294.)
Connections8 cite this · traces to 2
7 references not yet in our index
  • Pub. L. 103–325, title VI, § 602(g)(12)
  • 108 Stat. 2294
  • act June 3, 1864, ch. 106, § 50
  • 13 Stat. 114
  • Pub. L. 103–325
  • act Mar. 4, 1933, ch. 274, § 4
  • 47 Stat. 1567
Citation graph
cites case law
§ 194
Dividends on adjusted claims; distribution of assets
Fed. Reg.×6
Stat.×1
U.S.C.×1
Pub. L.Pub. L. 103–325, title VI, § 602(g)(12)
Stat.108 Stat. 2294
Actact June 3, 1864, ch. 106, § 50
Stat.13 Stat. 114
Pub. L.Pub. L. 103–325
Cites 9 · showing 7Cited by 8 across 3 sources
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