§ 604. Accounts of foreign branches; profit and loss

143 words·~1 min read·/usc/title-12/section-604

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Every national banking association operating foreign branches shall conduct the accounts of each foreign branch independently of the accounts of other foreign branches established by it and of its home office, and shall at the end of each fiscal period transfer to its general ledger the profit or loss accrued at each branch as a separate item.

(Dec. 23, 1913, ch. 6, § 25 (par.), 38 Stat. 273; Sept. 7, 1916, ch. 461, 39 Stat. 756.)

Connections6 cite this · traces to 1

Cited by 6 sections

U.S. Code

§ 601
Authorization; conditions and regulations

statute-compilations

Sec. 25
foreign branches

Traces to 1 document

U.S. Code

Authorization; conditions and regulations
§ 601

4 references not yet in our index

Dec. 23, 1913, ch. 6, § 25
38 Stat. 273
Sept. 7, 1916, ch. 461
39 Stat. 756

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cites case law

§ 604

Accounts of foreign branches; profit and loss

Fed. Reg.×4

Stat. Comp.×1

U.S.C.×1

U.S.C.§ 601

ActDec. 23, 1913, ch. 6, § 25

Stat.38 Stat. 273

ActSept. 7, 1916, ch. 461

Stat.39 Stat. 756

Cites 5Cited by 6 across 3 sources