§ 502. Liability of shareholders of Federal reserve banks on contracts, etc.

176 words·~1 min read·/usc/title-12/section-502

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The shareholders of every Federal reserve bank shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions to such stock at the par value thereof in addition to the amount subscribed, whether such subscriptions have been paid up in whole or in part under the provisions of this chapter.

(Dec. 23, 1913, ch. 6, § 2 (par.), 38 Stat. 252.)

Connections2 cite this · traces to 2

Cited by 2 sections

U.S. Code

§ 222
Federal reserve districts; membership of national banks

statute-compilations

Sec. 2
federal reserve districts

Traces to 2 documents

U.S. Code

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Dec. 23, 1913, ch. 6, § 2
38 Stat. 252
act Dec. 23, 1913, ch. 6
38 Stat. 251

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§ 502

Liability of shareholders of Federal reserve banks on contracts, etc.

Stat. Comp.×1

U.S.C.×1

U.S.C.§ 226

U.S.C.§ 222

ActDec. 23, 1913, ch. 6, § 2

Stat.38 Stat. 252

Actact Dec. 23, 1913, ch. 6

Stat.38 Stat. 251

Cites 6Cited by 2 across 2 sources