§ 611. Formation authorized; fiscal agents; depositaries in insular possessions
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Corporations to be organized for the purpose of engaging in international or foreign banking or other international or foreign financial operations, or in banking or other financial operations in a dependency or insular possession of the United States, either directly or through the agency, ownership or control of local institutions in foreign countries, or in such dependencies or insular possessions as provided by this subchapter and to act when required by the Secretary of the Treasury as fiscal agents of the United States, may be formed by any number of natural persons, not less in any case than five:
Provided, That nothing in this subchapter shall be construed to deny the right of the Secretary of the Treasury to use any corporation organized under this subchapter as depositaries in Panama and the Panama Canal Zone, or other insular possessions and dependencies of the United States.
(Dec. 23, 1913, ch. 6, § 25A (par.), formerly § 25(a), as added Dec. 24, 1919, ch. 18, 41 Stat. 378; amended Feb. 27, 1921, ch. 73, 41 Stat. 1145; Proc. No. 2695, eff. July 4, 1946, 11 F.R. 2517, 60 Stat. 1352; renumbered § 25A, Pub. L. 102–242, title I, § 142(e)(2), Dec. 19, 1991, 105 Stat. 2281.)
Connections194 cite this · traces to 5
Cited by 194 sections · top 60
U.S. Code
- § 78cDefinitions and application
- § 1843Interests in nonbanking organizations
- § 1aDefinitions
- § 1818Termination of status as insured depository institution
- § 461Reserve requirements
- § 371cBanking affiliates
- § 1829Penalty for unauthorized participation by convicted individual
- § 5462Definitions
- § 1850aSecurities holding companies
- § 109Who may be a debtor
- § 27Definitions
- § 3103Interstate banking by foreign banks
- § 4402Definitions
- § 4001Congressional findings and declaration of purpose
- § 625Stockholders’ meetings; books and records; reports; examination
- § 3902Definitions
- § 615Powers of corporation
- § 103Applicability of chapters
- § 611aStatement of purposes; rules and regulations
- § 619Capital stock; by whom held; ownership of capital stock by foreign bank
- § 77kkkPreferential collection of claims against obligor
- § 631False representations as to liability of United States for acts of corporation; punishment
- § 614Organization certificate; acknowledgment; forwarding to, filing, and approval by Board of Governors of the Federal Reserve System; permit to do business; body corporate; name; seal; corporate succession; contracts; suits; directors, officers, and employees; bylaws
- § 624Appointment of receiver or conservator
- § 618Capital stock; amount; when paid in
- § 616Place of carrying on business; when business may be begun
- § 628Extension of corporate existence
- § 612Articles of association; contents
- § 4406aTreatment of contracts with uninsured national banks, uninsured Federal branches and agencies, certain uninsured State member banks, and Edge Act corporations
- § 617Engaging in commerce or trade in commodities; price fixing; forfeiture of charter; acts forbidden to directors, officers, agents, or employees
- § 626Dividends; surplus fund
- § 627State taxation
- § 621Liability of shareholders on unpaid subscriptions; membership of corporation in Federal reserve bank prohibited
- § 623Voluntary liquidation
- § 630Offenses by officers of corporation; punishment
- § 613Signing of articles of association; forwarding to and filing by Board of Governors of the Federal Reserve System; organization certificate; contents
- § 620Members of Board of Governors of the Federal Reserve System without interest in corporation
- § 629Conversion of banking corporations into Federal corporations; procedure
- § 622Forfeiture of rights and privileges; dissolution; liability of directors and officers
- § 781Definitions
CFR
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- § 1010.605Definitions.
- § 28.11Definitions.
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- § 28.2Definitions.
- § 228.11Authority, purposes, and scope.
- § 204.1Authority, purpose and scope.
- § 225.176How do the statutory cross marketing and sections 23A and B limitations apply to merchant banking investments?
- § 265.20Functions delegated to Federal Reserve Banks.
- § 348.4Interlocking relationships permitted by statute.
- § 212.4Interlocking relationships permitted by statute.
- § 211.602Investments by United States Banking Organizations in foreign companies that transact business in the United States.
- § 221.2Definitions.
- § 711.4Interlocking relationships permitted by statute.
statutes-at-large
10 references not yet in our index
- Dec. 23, 1913, ch. 6, § 25A
- Dec. 24, 1919, ch. 18
- 41 Stat. 378
- Feb. 27, 1921, ch. 73
- 41 Stat. 1145
- 60 Stat. 1352
- Pub. L. 102–242, title I, § 142(e)(2)
- 105 Stat. 2281
- Act Dec. 23, 1913, ch. 6, § 25A
- act Dec. 24, 1919, ch. 18
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§ 611
Formation authorized; fiscal agents; depositaries in insular possessions
Fed. Reg.×99
U.S.C.×58
C.F.R.×25
Stat.×7
Stat. Comp.×5
ActDec. 23, 1913, ch. 6, § 25A
ActDec. 24, 1919, ch. 18
Stat.41 Stat. 378
ActFeb. 27, 1921, ch. 73
Stat.41 Stat. 1145
Cites 15 · showing 10Cited by 194 across 5 sources