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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 2— NATIONAL BANKS · SUBCHAPTER II— CAPITAL, STOCK, AND STOCKHOLDERS · § 51c

§ 51c. “Common stock”, “capital”, and “capital stock” defined

186 words·~1 min read·/usc/title-12/section-51c

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The term “common stock” as used in sections 51a, 51b, 51c, and 51d 1 of this title means stock of national banking associations other than preferred stock issued under the provisions of said sections. The term “capital” as used in provisions of law relating to the capital of national banking associations shall mean the amount of unimpaired common stock plus the amount of preferred stock outstanding and unimpaired; and the term “capital stock”, as used in sections 101, 177, and 178 1 of this title, shall mean only the amount of common stock outstanding.
(Mar. 9, 1933, ch. 1, title III, § 303, 48 Stat. 5.)
Connectionstraces to 1
8 references not yet in our index
  • 1
  • Mar. 9, 1933, ch. 1
  • 48 Stat. 5
  • Section 51d of this title
  • act June 30, 1947, ch. 166, title II, § 206(b)
  • 61 Stat. 208
  • Pub. L. 103–325, title VI, § 602(f)(2)
  • 108 Stat. 2292
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cites case law
§ 51c
“Common stock”, “capital”, and “capital stock” defined
Cite1
ActMar. 9, 1933, ch. 1
Stat.48 Stat. 5
CiteSection 51d of this title
Actact June 30, 1947, ch. 166, title II, § 206(b)
Cites 9 · showing 6Cited by 0 across 0 sources
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