Beta
US Code, Title 12 (2004 edition)
US Code, Title 12 (2004 edition) — BANKS AND BANKING
Beta. Legal information, not legal advice. LEGALDIGM is not a law firm. Check the official source for the current text.
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
"http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
<link rel="stylesheet" type="text/css" href="usc.css" />
<title>U.S.C. Title 12 - BANKS AND BANKING
<!-- AUTHORITIES-PUBLICATION-NAME:2000 Edition and Supplement IV -->
<!-- AUTHORITIES-PUBLICATION-ID:2000SUPP404 -->
<!-- AUTHORITIES-PUBLICATION-YEAR:2004 -->
<!-- AUTHORITIES-LAWS-ENACTED-THROUGH-DATE:20050103 -->
<!-- SEARCHABLE-LAWS-ENACTED-THROUGH-DATE:January 3rd, 2005 -->
<!-- AUTHORITIES-USC-TITLE-NAME:TITLE 12 - BANKS AND BANKING -->
<!-- AUTHORITIES-USC-TITLE-ENUM:12 -->
<!-- AUTHORITIES-USC-TITLE-STATUS:editorial -->
<!-- CONVERSION-PROGRAM:xy2html.pm-0.329-20100225 -->
<!-- CONVERSION-DATETIME:20100225152844 -->
</title>
</head>
<body>
<span style="font-weight:bold;font-size:12pt;">12 U.S.C. </span><br/>
<span style="font-size:10pt">United States Code, 2004 Edition</span><br/>
<span style="font-size:10pt">Title 12 - BANKS AND BANKING</span><br/>
<span style="font-size:10pt">From the U.S. Government Publishing Office, <a href="http://www.gpo.gov">www.gpo.gov</a></span><br/><br/>
<div width="700">
<!-- PDFPage:1 -->
<!-- documentid:12_ currentthrough:20050103 documentPDFPage:-1 -->
<!-- itempath:/120 -->
<!-- itemsortkey:120AAAA -->
<!-- expcite:TITLE 12-BANKS AND BANKING -->
<!-- field-start:titlehead -->
<h1 class="usc-title-head">TITLE 12—BANKS AND BANKING</h1>
<!-- field-end:titlehead -->
<!-- field-start:analysis -->
<div class="analysis">
<div><div class="analysis-head-left">Chap.</div><div class="analysis-head-right">Sec.</div></div>
<div><div class="three-column-analysis-style-content-left">1.</div><div class="three-column-analysis-style-content-center">The Comptroller of the Currency</div><div class="three-column-analysis-style-content-right">1</div></div>
<div><div class="three-column-analysis-style-content-left">2.</div><div class="three-column-analysis-style-content-center">National Banks</div><div class="three-column-analysis-style-content-right">21</div></div>
<div><div class="three-column-analysis-style-content-left">3.</div><div class="three-column-analysis-style-content-center">Federal Reserve System</div><div class="three-column-analysis-style-content-right">221</div></div>
<div><div class="three-column-analysis-style-content-left">4.</div><div class="three-column-analysis-style-content-center">Taxation</div><div class="three-column-analysis-style-content-right">531</div></div>
<div><div class="three-column-analysis-style-content-left">5.</div><div class="three-column-analysis-style-content-center">Crimes and Offenses</div><div class="three-column-analysis-style-content-right">581</div></div>
<div><div class="three-column-analysis-style-content-left">6.</div><div class="three-column-analysis-style-content-center">Foreign Banking</div><div class="three-column-analysis-style-content-right">601</div></div>
<div><div class="three-column-analysis-style-content-left">6A.</div><div class="three-column-analysis-style-content-center">Export-Import Bank of the United States</div><div class="three-column-analysis-style-content-right">635</div></div>
<div><div class="three-column-analysis-style-content-left">7.</div><div class="three-column-analysis-style-content-center" id="wide">Farm Credit Administration [Repealed or Omitted, See Chapter 23]</div><div class="three-column-analysis-style-content-right">636</div></div>
<div><div class="three-column-analysis-style-content-left">7A.</div><div class="three-column-analysis-style-content-center">Agricultural Marketing</div><div class="three-column-analysis-style-content-right">1141</div></div>
<div><div class="three-column-analysis-style-content-left">7B.</div><div class="three-column-analysis-style-content-center">Regional Agricultural Credit Corporations</div><div class="three-column-analysis-style-content-right">1148</div></div>
<div><div class="three-column-analysis-style-content-left">8.</div><div class="three-column-analysis-style-content-center">Adjustment and Cancellation of Farm Loans</div><div class="three-column-analysis-style-content-right">1150</div></div>
<div><div class="three-column-analysis-style-content-left">9.</div><div class="three-column-analysis-style-content-center" id="wide">National Agricultural Credit Corporations [Repealed or Omitted]</div><div class="three-column-analysis-style-content-right">1151</div></div>
<div><div class="three-column-analysis-style-content-left">10.</div><div class="three-column-analysis-style-content-center">Local Agricultural-Credit Corporations, Livestock-Loan Companies and Like Organizations; Loans to Individuals To Aid in Formation or To Increase Capital Stock</div><div class="three-column-analysis-style-content-right">1401</div></div>
<div><div class="three-column-analysis-style-content-left">11.</div><div class="three-column-analysis-style-content-center">Federal Home Loan Banks</div><div class="three-column-analysis-style-content-right">1421</div></div>
<div><div class="three-column-analysis-style-content-left">11A.</div><div class="three-column-analysis-style-content-center">Federal Home Loan Mortgage Corporation</div><div class="three-column-analysis-style-content-right">1451</div></div>
<div><div class="three-column-analysis-style-content-left">12.</div><div class="three-column-analysis-style-content-center">Savings Associations</div><div class="three-column-analysis-style-content-right">1461</div></div>
<div><div class="three-column-analysis-style-content-left">13.</div><div class="three-column-analysis-style-content-center">National Housing</div><div class="three-column-analysis-style-content-right">1701</div></div>
<div><div class="three-column-analysis-style-content-left">14.</div><div class="three-column-analysis-style-content-center">Federal Credit Unions</div><div class="three-column-analysis-style-content-right">1751</div></div>
<div><div class="three-column-analysis-style-content-left">15.</div><div class="three-column-analysis-style-content-center" id="wide">Federal Loan Agency [Omitted]</div><div class="three-column-analysis-style-content-right">1801</div></div>
<div><div class="three-column-analysis-style-content-left">16.</div><div class="three-column-analysis-style-content-center">Federal Deposit Insurance Corporation</div><div class="three-column-analysis-style-content-right">1811</div></div>
<div><div class="three-column-analysis-style-content-left">17.</div><div class="three-column-analysis-style-content-center">Bank Holding Companies</div><div class="three-column-analysis-style-content-right">1841</div></div>
<div><div class="three-column-analysis-style-content-left">18.</div><div class="three-column-analysis-style-content-center">Bank Service Companies</div><div class="three-column-analysis-style-content-right">1861</div></div>
<div><div class="three-column-analysis-style-content-left">19.</div><div class="three-column-analysis-style-content-center">Security Measures for Banks and Savings Associations</div><div class="three-column-analysis-style-content-right">1881</div></div>
<div><div class="three-column-analysis-style-content-left">20.</div><div class="three-column-analysis-style-content-center" id="wide">Credit Control [Omitted]</div><div class="three-column-analysis-style-content-right">1901</div></div>
<div><div class="three-column-analysis-style-content-left">21.</div><div class="three-column-analysis-style-content-center">Financial Recordkeeping</div><div class="three-column-analysis-style-content-right">1951</div></div>
<div><div class="three-column-analysis-style-content-left">22.</div><div class="three-column-analysis-style-content-center">Tying Arrangements</div><div class="three-column-analysis-style-content-right">1971</div></div>
<div><div class="three-column-analysis-style-content-left">23.</div><div class="three-column-analysis-style-content-center">Farm Credit System</div><div class="three-column-analysis-style-content-right">2001</div></div>
<div><div class="three-column-analysis-style-content-left">24.</div><div class="three-column-analysis-style-content-center">Federal Financing Bank</div><div class="three-column-analysis-style-content-right">2281</div></div>
<div><div class="three-column-analysis-style-content-left">25.</div><div class="three-column-analysis-style-content-center">National Commission on Electronic Fund Transfers</div><div class="three-column-analysis-style-content-right">2401</div></div>
<div><div class="three-column-analysis-style-content-left">26.</div><div class="three-column-analysis-style-content-center">Disposition of Abandoned Money Orders and Traveler's Checks</div><div class="three-column-analysis-style-content-right">2501</div></div>
<div><div class="three-column-analysis-style-content-left">27.</div><div class="three-column-analysis-style-content-center">Real Estate Settlement Procedures</div><div class="three-column-analysis-style-content-right">2601</div></div>
<div><div class="three-column-analysis-style-content-left">28.</div><div class="three-column-analysis-style-content-center">Emergency Mortgage Relief</div><div class="three-column-analysis-style-content-right">2701</div></div>
<div><div class="three-column-analysis-style-content-left">29.</div><div class="three-column-analysis-style-content-center">Home Mortgage Disclosure</div><div class="three-column-analysis-style-content-right">2801</div></div>
<div><div class="three-column-analysis-style-content-left">30.</div><div class="three-column-analysis-style-content-center">Community Reinvestment</div><div class="three-column-analysis-style-content-right">2901</div></div>
<div><div class="three-column-analysis-style-content-left">31.</div><div class="three-column-analysis-style-content-center">National Consumer Cooperative Bank</div><div class="three-column-analysis-style-content-right">3001</div></div>
<div><div class="three-column-analysis-style-content-left">32.</div><div class="three-column-analysis-style-content-center">Foreign Bank Participation in Domestic Markets</div><div class="three-column-analysis-style-content-right">3101</div></div>
<div><div class="three-column-analysis-style-content-left">33.</div><div class="three-column-analysis-style-content-center">Depository Institution Management Interlocks</div><div class="three-column-analysis-style-content-right">3201</div></div>
<div><div class="three-column-analysis-style-content-left">34.</div><div class="three-column-analysis-style-content-center">Federal Financial Institutions Examination Council</div><div class="three-column-analysis-style-content-right">3301</div></div>
<div><div class="three-column-analysis-style-content-left">34A.</div><div class="three-column-analysis-style-content-center">Appraisal Subcommittee of Federal Financial Institutions Examination Council</div><div class="three-column-analysis-style-content-right">3331</div></div>
<div><div class="three-column-analysis-style-content-left">35.</div><div class="three-column-analysis-style-content-center">Right to Financial Privacy</div><div class="three-column-analysis-style-content-right">3401</div></div>
<div><div class="three-column-analysis-style-content-left">36.</div><div class="three-column-analysis-style-content-center" id="wide">Depository Institutions Deregulation and Financial Regulation Simplification [Omitted or Repealed]</div><div class="three-column-analysis-style-content-right">3501</div></div>
<div><div class="three-column-analysis-style-content-left">37.</div><div class="three-column-analysis-style-content-center" id="wide">Solar Energy and Energy Conservation Bank [Repealed]</div><div class="three-column-analysis-style-content-right">3601</div></div>
<div><div class="three-column-analysis-style-content-left">38.</div><div class="three-column-analysis-style-content-center">Multifamily Mortgage Foreclosure</div><div class="three-column-analysis-style-content-right">3701</div></div>
<div><div class="three-column-analysis-style-content-left">38A.</div><div class="three-column-analysis-style-content-center">Single Family Mortgage Foreclosure</div><div class="three-column-analysis-style-content-right">3751</div></div>
<div><div class="three-column-analysis-style-content-left">39.</div><div class="three-column-analysis-style-content-center">Alternative Mortgage Transactions</div><div class="three-column-analysis-style-content-right">3801</div></div>
<div><div class="three-column-analysis-style-content-left">40.</div><div class="three-column-analysis-style-content-center">International Lending Supervision</div><div class="three-column-analysis-style-content-right">3901</div></div>
<div><div class="three-column-analysis-style-content-left">41.</div><div class="three-column-analysis-style-content-center">Expedited Funds Availability</div><div class="three-column-analysis-style-content-right">4001</div></div>
<div><div class="three-column-analysis-style-content-left">42.</div><div class="three-column-analysis-style-content-center">Low-Income Housing Preservation and Resident Homeownership</div><div class="three-column-analysis-style-content-right">4101</div></div>
<div><div class="three-column-analysis-style-content-left">43.</div><div class="three-column-analysis-style-content-center">Actions Against Persons Committing Bank Fraud Crimes</div><div class="three-column-analysis-style-content-right">4201</div></div>
<div><div class="three-column-analysis-style-content-left">44.</div><div class="three-column-analysis-style-content-center">Truth in Savings</div><div class="three-column-analysis-style-content-right">4301</div></div>
<div><div class="three-column-analysis-style-content-left">45.</div><div class="three-column-analysis-style-content-center">Payment System Risk Reduction</div><div class="three-column-analysis-style-content-right">4401</div></div>
<div><div class="three-column-analysis-style-content-left">46.</div><div class="three-column-analysis-style-content-center">Government Sponsored Enterprises</div><div class="three-column-analysis-style-content-right">4501</div></div>
<div><div class="three-column-analysis-style-content-left">47.</div><div class="three-column-analysis-style-content-center">Community Development Banking</div><div class="three-column-analysis-style-content-right">4701</div></div>
<div><div class="three-column-analysis-style-content-left">48.</div><div class="three-column-analysis-style-content-center">Financial Institutions Regulatory Improvement</div><div class="three-column-analysis-style-content-right">4801</div></div>
<div><div class="three-column-analysis-style-content-left">49.</div><div class="three-column-analysis-style-content-center">Homeowners Protection</div><div class="three-column-analysis-style-content-right">4901</div></div>
<div><div class="three-column-analysis-style-content-left">50.</div><div class="three-column-analysis-style-content-center">Check Truncation</div><div class="three-column-analysis-style-content-right">5001</div></div>
</div>
<p> </p>
<!-- field-end:analysis -->
<!-- documentid:12_-ch1 currentthrough:20050103 documentPDFPage:1 -->
<!-- itempath:/120/CHAPTER 1 -->
<!-- itemsortkey:120AAAB -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY -->
<!-- field-start:structuralhead -->
<h3 class="chapter-head"><strong>CHAPTER 1—THE COMPTROLLER OF THE CURRENCY</strong></h3>
<!-- field-end:structuralhead -->
<!-- field-start:analysis -->
<div class="analysis">
<div><div class="analysis-head-left">Sec.</div></div>
<div><div class="two-column-analysis-style-content-left">1.</div><div class="two-column-analysis-style-content-right">Office of Comptroller of the Currency.</div></div>
<div><div class="two-column-analysis-style-content-left">2.</div><div class="two-column-analysis-style-content-right">Comptroller of the Currency; appointment; term.</div></div>
<div><div class="two-column-analysis-style-content-left">3.</div><div class="two-column-analysis-style-content-right">Oath of Comptroller.</div></div>
<div><div class="two-column-analysis-style-content-left">4.</div><div class="two-column-analysis-style-content-right">Deputy Comptrollers.</div></div>
<div><div class="two-column-analysis-style-content-left">4a.</div><div class="two-column-analysis-style-content-right">Delegation of authority by Comptroller.</div></div>
<div><div class="two-column-analysis-style-content-left">5, 6.</div><div class="two-column-analysis-style-content-right" id="wide">Repealed.</div></div>
<div><div class="two-column-analysis-style-content-left">7.</div><div class="two-column-analysis-style-content-right">Chief of examining division.</div></div>
<div><div class="two-column-analysis-style-content-left">8.</div><div class="two-column-analysis-style-content-right">Clerks.</div></div>
<div><div class="two-column-analysis-style-content-left">9.</div><div class="two-column-analysis-style-content-right">Additional examiners, clerks, and other employees.</div></div>
<div><div class="two-column-analysis-style-content-left">9a.</div><div class="two-column-analysis-style-content-right" id="wide">Repealed.</div></div>
<div><div class="two-column-analysis-style-content-left">10.</div><div class="two-column-analysis-style-content-right">Salaries of Deputy Comptrollers, examiners, and other employees as part of bank examination expenses.</div></div>
<div><div class="two-column-analysis-style-content-left">11.</div><div class="two-column-analysis-style-content-right">Interest in national banks.</div></div>
<div><div class="two-column-analysis-style-content-left">12.</div><div class="two-column-analysis-style-content-right">Seal of Comptroller.</div></div>
<div><div class="two-column-analysis-style-content-left">13.</div><div class="two-column-analysis-style-content-right">Rooms for Currency Bureau.</div></div>
<div><div class="two-column-analysis-style-content-left">14.</div><div class="two-column-analysis-style-content-right">Report of Comptroller.</div></div>
<div><div class="two-column-analysis-style-content-left">15.</div><div class="two-column-analysis-style-content-right" id="wide">Repealed.</div></div>
</div>
<p> </p>
<!-- field-end:analysis -->
<!-- documentid:12_1 usckey:120000000000100000000000000000000 currentthrough:20050103 documentPDFPage:1 -->
<!-- itempath:/120/CHAPTER 1/Sec. 1 -->
<!-- itemsortkey:120AAAC -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 1 -->
<!-- field-start:head -->
<h3 class="section-head">§1. Office of Comptroller of the Currency</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">There shall be in the Department of the Treasury a bureau charged with the execution of all laws passed by Congress relating to the issue <!-- PDFPage:2 -->and regulation of a national currency secured by United States bonds and, under the general supervision of the Board of Governors of the Federal Reserve System, of all Federal Reserve notes, except for the cancellation and destruction, and accounting with respect to such cancellation and destruction, of Federal Reserve notes unfit for circulation, the chief officer of which bureau shall be called the Comptroller of the Currency, and shall perform his duties under the general directions of the Secretary of the Treasury. The Comptroller of the Currency shall have the same authority over matters within the jurisdiction of the Comptroller as the Director of the Office of Thrift Supervision has over matters within the Director's jurisdiction under section 1462a(b)(3) of this title. The Secretary of the Treasury may not delay or prevent the issuance of any rule or the promulgation of any regulation by the Comptroller of the Currency.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §324; Dec. 23, 1913, ch. 6, §10, 38 Stat. 261; June 3, 1922, ch. 205, 42 Stat. 621; Aug. 23, 1935, ch. 614, title II, §203(a), 49 Stat. 704; Pub. L. 89–427, §1, May 20, 1966, 80 Stat. 161; Pub. L. 103–325, title III, §331(b)(2), Sept. 23, 1994, 108 Stat. 2232.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:referenceintext-note -->
<h4 class="note-head">References in Text</h4>
<p class="note-body">The bureau, referred to in text, is known as the Office of the Comptroller of the Currency.</p>
<!-- field-end:referenceintext-note -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">R.S. §324 derived from act June 3, 1864, ch. 106, §1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title.</p>
<p class="note-body">Section is comprised of R.S. §324, as amended by the eighth paragraph of act Dec. 23, 1913, §10.</p>
<!-- field-end:codification-note -->
<!-- field-start:amendment-note -->
<h4 class="note-head">Amendments</h4>
<p class="note-body">1994—Pub. L. 103–325 inserted at end “The Comptroller of the Currency shall have the same authority over matters within the jurisdiction of the Comptroller as the Director of the Office of Thrift Supervision has over matters within the Director's jurisdiction under section 1462a(b)(3) of this title. The Secretary of the Treasury may not delay or prevent the issuance of any rule or the promulgation of any regulation by the Comptroller of the Currency.”</p>
<p class="note-body">1966—Pub. L. 89–427 inserted exception relating to cancellation and destruction, and accounting with respect to the cancellation and destruction, of Federal Reserve notes unfit for circulation.</p>
<!-- field-end:amendment-note -->
<!-- field-start:changeofname-note -->
<h4 class="note-head">Change of Name</h4>
<p class="note-body">Section 203(a) of act Aug. 23, 1935, changed name of Federal Reserve Board to Board of Governors of the Federal Reserve System.</p>
<!-- field-end:changeofname-note -->
<!-- field-start:function-transfer-note -->
<h4 class="note-head">Exception as to Transfer of Functions</h4>
<p class="note-body">Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, were not included in transfer of functions of officers, agencies, and employees of Department of the Treasury to Secretary of the Treasury, made by Reorg. Plan No. 26 of 1950, §1, eff. July 31, 1950, 15 F.R. 4935, 64 Stat. 1280. See section 321(c)(2) of Title 31, Money and Finance.</p>
<!-- field-end:function-transfer-note -->
<!-- field-end:notes -->
<!-- documentid:12_2 usckey:120000000000200000000000000000000 currentthrough:20050103 documentPDFPage:2 -->
<!-- itempath:/120/CHAPTER 1/Sec. 2 -->
<!-- itemsortkey:120AAAD -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 2 -->
<!-- field-start:head -->
<h3 class="section-head">§2. Comptroller of the Currency; appointment; term</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The Comptroller of the Currency shall be appointed by the President, by and with the advice and consent of the Senate, and shall hold his office for a term of five years unless sooner removed by the President, upon reasons to be communicated by him to the Senate.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §325; Aug. 23, 1935, ch. 614, title II, §209, 49 Stat. 707.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">R.S. §325 derived from act June 3, 1964, ch. 106, §1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title.</p>
<p class="note-body">Provisions of this section which prescribed the annual basic compensation of the Comptroller of the Currency were omitted to conform to the provisions of the Executive Schedule. See section 5314 of Title 5, Government Organization and Employees.</p>
<!-- field-end:codification-note -->
<!-- field-start:amendment-note -->
<h4 class="note-head">Amendments</h4>
<p class="note-body">1935—Act Aug. 23, 1935, struck out “on the recommendation of the Secretary of the Treasury” after “President”, where first appearing, and changed the salary from “$5,000 a year” to “$15,000 a year”.</p>
<!-- field-end:amendment-note -->
<!-- field-start:repeal-note -->
<h4 class="note-head">Repeals</h4>
<p class="note-body">Act Oct. 15, 1949, ch. 695, §4, 63 Stat. 880, formerly cited as a credit to this section, was repealed by Pub. L. 89–554, §8(a), Sept. 6, 1966, 80 Stat. 655.</p>
<!-- field-end:repeal-note -->
<!-- field-start:function-transfer-note -->
<h4 class="note-head">Exception as to Transfer of Functions</h4>
<p class="note-body">Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, were not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.</p>
<!-- field-end:function-transfer-note -->
<!-- field-end:notes -->
<!-- documentid:12_3 usckey:120000000000300000000000000000000 currentthrough:20050103 documentPDFPage:2 -->
<!-- itempath:/120/CHAPTER 1/Sec. 3 -->
<!-- itemsortkey:120AAAE -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 3 -->
<!-- field-start:head -->
<h3 class="section-head">§3. Oath of Comptroller</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The Comptroller of the Currency shall, within fifteen days from the time of notice of his appointment, take and subscribe the oath of office.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §326; Pub. L. 86–251, §1(d), Sept. 9, 1959, 73 Stat. 488; Pub. L. 92–310, title II, §223(a), June 6, 1972, 86 Stat. 206.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">R.S. §326 derived from act June 3, 1864, ch. 106, §1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title.</p>
<!-- field-end:codification-note -->
<!-- field-start:amendment-note -->
<h4 class="note-head">Amendments</h4>
<p class="note-body">1972—Pub. L. 92–310 struck out provisions which required the Comptroller to give a bond in the sum of $250,000.</p>
<p class="note-body">1959—Pub. L. 86–251 increased the surety bond requirement from $100,000 to $250,000.</p>
<!-- field-end:amendment-note -->
<!-- field-end:notes -->
<!-- documentid:12_4 usckey:120000000000400000000000000000000 currentthrough:20050103 documentPDFPage:2 -->
<!-- itempath:/120/CHAPTER 1/Sec. 4 -->
<!-- itemsortkey:120AAAF -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 4 -->
<!-- field-start:head -->
<h3 class="section-head">§4. Deputy Comptrollers</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The Secretary of the Treasury shall appoint no more than four Deputy Comptrollers of the Currency, one of whom shall be designated First Deputy Comptroller of the Currency, and shall fix their salaries. Each Deputy Comptroller shall take the oath of office and shall perform such duties as the Comptroller shall direct. During a vacancy in the office or during the absence or disability of the Comptroller, each Deputy Comptroller shall possess the power and perform the duties attached by law to the office of the Comptroller under such order of succession following the First Deputy Comptroller as the Comptroller shall direct.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §327; Mar. 4, 1923, ch. 252, §209(b), 42 Stat. 1467; Pub. L. 86–251, §1(a), Sept. 9, 1959, 73 Stat. 487; Pub. L. 92–310, title II, §223(b), June 6, 1972, 86 Stat. 206.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">R.S. §327 derived from act June 3, 1864, ch. 106, §1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title.</p>
<!-- PDFPage:3 --><p class="note-body">R.S. §327, contained after the word “Secretary” the following “who shall be entitled to a salary of two thousand five hundred dollars a year, and” which was omitted from this section on authority of act Mar. 4, 1923, §209(b), fourth sentence, which was classified to section 9a of this title and regulated the salaries of deputy comptrollers.</p>
<!-- field-end:codification-note -->
<!-- field-start:amendment-note -->
<h4 class="note-head">Amendments</h4>
<p class="note-body">1972—Pub. L. 92–310 struck out provisions which required each Deputy Comptroller to give a bond in the sum of $100,000.</p>
<p class="note-body">1959—Pub. L. 86–251 provided for the appointment of four Deputy Comptrollers instead of one, the designation of one as the First Deputy, the fixing of salaries, increase in surety bond requirement from $50,000 to $100,000 and order of succession.</p>
<!-- field-end:amendment-note -->
<!-- field-start:function-transfer-note -->
<h4 class="note-head">Exception as to Transfer of Functions</h4>
<p class="note-body">Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.</p>
<!-- field-end:function-transfer-note -->
<!-- field-end:notes -->
<!-- documentid:12_4a usckey:120000000000400000000000a00000000 currentthrough:20050103 documentPDFPage:3 -->
<!-- itempath:/120/CHAPTER 1/Sec. 4a -->
<!-- itemsortkey:120AAAG -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 4a -->
<!-- field-start:head -->
<h3 class="section-head">§4a. Delegation of authority by Comptroller</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The Comptroller of the Currency may delegate to any duly authorized employee, representative, or agent any power vested in the office by law.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §327A, as added Pub. L. 96–221, title VII, §707(a), Mar. 31, 1980, 94 Stat. 188.)</p>
<!-- field-end:sourcecredit -->
<!-- documentid:12_5,_6 usckey:120000000000500000000000000000000 currentthrough:20050103 documentPDFPage:3 -->
<!-- itempath:/120/CHAPTER 1/Secs. 5, 6 -->
<!-- itemsortkey:120AAAH -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Secs. 5, 6 -->
<!-- field-start:repealedhead -->
<h3 class="section-head">§§5, 6. Repealed. Pub. L. 86–251, §1(b), (c)(1), Sept. 9, 1959, 73 Stat. 487, 488</h3>
<!-- field-end:repealedhead -->
<!-- field-start:repealsummary -->
<p class="note-body">Section 5, act Mar. 4, 1909, ch. 297, §1, 35 Stat. 867, related to appointment, succession in office and penal bond of assistant deputy comptroller. See section 4 of this title.</p>
<p class="note-body">Section 6, act Mar. 4, 1923, ch. 252, title II, §209(b) (pt.), 42 Stat. 1467, related to appointment, oath of office, penal bond, assigned duties and administration of national agricultural credit corporation provisions of third Deputy Comptroller. See section 4 of this title.</p>
<!-- field-end:repealsummary -->
<!-- documentid:12_7 usckey:120000000000700000000000000000000 currentthrough:20050103 documentPDFPage:3 -->
<!-- itempath:/120/CHAPTER 1/Sec. 7 -->
<!-- itemsortkey:120AAAI -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 7 -->
<!-- field-start:head -->
<h3 class="section-head">§7. Chief of examining division</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The Comptroller of the Currency may designate a national bank examiner to act as chief of the examining division in his office.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(Jan. 3, 1923, ch. 22, 42 Stat. 1096.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">Section is based on Treasury Department Appropriation Act, 1924, act Jan. 3, 1923.</p>
<!-- field-end:codification-note -->
<!-- field-start:function-transfer-note -->
<h4 class="note-head">Exception as to Transfer of Functions</h4>
<p class="note-body">Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.</p>
<!-- field-end:function-transfer-note -->
<!-- field-start:similarprovisions-note -->
<h4 class="note-head">Similar Provisions</h4>
<p class="note-body">Similar provisions were contained in act Feb. 17, 1922, ch. 55, 42 Stat. 375, and in earlier appropriation acts.</p>
<!-- field-end:similarprovisions-note -->
<!-- field-end:notes -->
<!-- documentid:12_8 usckey:120000000000800000000000000000000 currentthrough:20050103 documentPDFPage:3 -->
<!-- itempath:/120/CHAPTER 1/Sec. 8 -->
<!-- itemsortkey:120AAAJ -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 8 -->
<!-- field-start:head -->
<h3 class="section-head">§8. Clerks</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The Comptroller of the Currency shall employ, from time to time, the necessary clerks, to be appointed and classified by the Secretary of the Treasury, to discharge such duties as the comptroller shall direct.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §328.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">R.S. §328 derived from act June 3, 1864, ch. 106, §1, 13 Stat. 100, which was the National Bank Act. See section 38 of this title.</p>
<!-- field-end:codification-note -->
<!-- field-start:function-transfer-note -->
<h4 class="note-head">Exception as to Transfer of Functions</h4>
<p class="note-body">Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.</p>
<!-- field-end:function-transfer-note -->
<!-- field-end:notes -->
<!-- documentid:12_9 usckey:120000000000900000000000000000000 currentthrough:20050103 documentPDFPage:3 -->
<!-- itempath:/120/CHAPTER 1/Sec. 9 -->
<!-- itemsortkey:120AAAK -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 9 -->
<!-- field-start:head -->
<h3 class="section-head">§9. Additional examiners, clerks, and other employees</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The Comptroller of the Currency is authorized to employ such additional examiners, clerks, and other employees as he deems necessary to carry out the provisions of sections 4, 6, 9, 10, 1151 to 1318, and 1322 of this title and to assign to duty in the office of his bureau in Washington such examiners and assistant examiners as he shall deem necessary to assist in the performance of the work of that bureau.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(Mar. 4, 1923, ch. 252, title II, §209(b), 42 Stat. 1467.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:referenceintext-note -->
<h4 class="note-head">References in Text</h4>
<p class="note-body">Section 6, referred to in text, was repealed by Pub. L. 86–251, §1(c)(1), Sept. 9, 1959, 73 Stat. 488.</p>
<p class="note-body">Sections 1151, 1161 to 1163, 1171, 1172, 1181, 1182, 1191, 1201, 1202, 1211 to 1215, 1221 to 1223, 1231, 1232, 1241 to 1244, 1246, 1247, 1249, 1251, 1261, 1271, 1281 to 1283, 1291 to 1293, 1301 to 1303, and 1322 of this title, included within the reference to sections 1151 to 1318, and 1322 of this title, were repealed by Pub. L. 86–230, §24, Sept. 8, 1959, 73 Stat. 466.</p>
<p class="note-body">Section 1151a, included within the reference to sections 1151 to 1318 of this title, was repealed by Pub. L. 92–181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624.</p>
<p class="note-body">Sections 1245, 1248, and 1311 to 1318, included within the reference to sections 1151 to 1318 of this title, were repealed by act June 25, 1948, ch. 645, §21, 62 Stat. 862, eff. Sept. 1, 1948.</p>
<p class="note-body">The bureau, referred to in text, is known as the Office of the Comptroller of the Currency.</p>
<!-- field-end:referenceintext-note -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">Section is comprised of subsec. (b), third sentence, of section 209 of act Mar. 4, 1923. For classification to this title of other provisions of section 209, see Tables.</p>
<!-- field-end:codification-note -->
<!-- field-start:function-transfer-note -->
<h4 class="note-head">Exception as to Transfer of Functions</h4>
<p class="note-body">Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.</p>
<!-- field-end:function-transfer-note -->
<!-- field-end:notes -->
<!-- documentid:12_9a usckey:120000000000900000000000a00000000 currentthrough:20050103 documentPDFPage:3 -->
<!-- itempath:/120/CHAPTER 1/Sec. 9a -->
<!-- itemsortkey:120AAAL -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 9a -->
<!-- field-start:repealedhead -->
<h3 class="section-head">§9a. Repealed. Pub. L. 89–554, §8(a), Sept. 6, 1966, 80 Stat. 645</h3>
<!-- field-end:repealedhead -->
<!-- field-start:repealsummary -->
<p class="note-body">Section, act Mar. 4, 1923, ch. 252, title II, §209(b), 42 Stat. 1467, authorized Comptroller to fix in advance pay of deputy comptrollers, examiners, clerks, and certain other employees.</p>
<!-- field-end:repealsummary -->
<!-- documentid:12_10 usckey:120000000001000000000000000000000 currentthrough:20050103 documentPDFPage:3 -->
<!-- itempath:/120/CHAPTER 1/Sec. 10 -->
<!-- itemsortkey:120AAAM -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 10 -->
<!-- field-start:head -->
<h3 class="section-head">§10. Salaries of Deputy Comptrollers, examiners, and other employees as part of bank examination expenses</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The salaries of the Deputy Comptrollers and of all national bank examiners and assistant examiners assigned to duty in the office of the bureau in Washington in connection with the supervision of national banks shall be considered part of the expenses of the examinations provided for by subchapter XV of chapter 3 of this title.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(Mar. 4, 1923, ch. 252, title II, §209(b), 42 Stat. 1467; Pub. L. 86–251, §1(c)(2), Sept. 9, 1959, 73 Stat. 488.)</p>
<!-- PDFPage:4 --><!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:referenceintext-note -->
<h4 class="note-head">References in Text</h4>
<p class="note-body">Subchapter XV [§481 et seq.] of chapter 3 of this title, referred to in text, was in the original a reference to section 5240 of the Revised Statutes.</p>
<!-- field-end:referenceintext-note -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">Section is comprised of subsec. (b), fifth sentence, of section 209 of act Mar. 4, 1923. For classification to this title of other provisions of section 209, see Tables.</p>
<!-- field-end:codification-note -->
<!-- field-start:amendment-note -->
<h4 class="note-head">Amendments</h4>
<p class="note-body">1959—Pub. L. 86–251 included all Deputy Comptrollers instead of only two deputy comptrollers and struck out provisions deeming the salaries of deputy comptroller, examiners, assistant examiners, clerks and other employees as expenses of administration of national agricultural credit corporation provisions and considering the salary of the additional deputy comptroller as partly an expense of administration in proportion to time spent in such administration.</p>
<!-- field-end:amendment-note -->
<!-- field-end:notes -->
<!-- documentid:12_11 usckey:120000000001100000000000000000000 currentthrough:20050103 documentPDFPage:4 -->
<!-- itempath:/120/CHAPTER 1/Sec. 11 -->
<!-- itemsortkey:120AAAN -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 11 -->
<!-- field-start:head -->
<h3 class="section-head">§11. Interest in national banks</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">It shall not be lawful for the Comptroller or the Deputy Comptroller of the Currency, either directly or indirectly, to hold an interest in any national bank.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §329; Pub. L. 106–569, title XII, §1233(b), Dec. 27, 2000, 114 Stat. 3037.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">R.S. §329 derived from act June 3, 1864, ch. 106, §1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title.</p>
<!-- field-end:codification-note -->
<!-- field-start:amendment-note -->
<h4 class="note-head">Amendments</h4>
<p class="note-body">2000—Pub. L. 106–569 substituted “to hold an interest in any national bank” for “to be interested in any association issuing national currency under the laws of the United States”.</p>
<!-- field-end:amendment-note -->
<!-- field-end:notes -->
<!-- documentid:12_12 usckey:120000000001200000000000000000000 currentthrough:20050103 documentPDFPage:4 -->
<!-- itempath:/120/CHAPTER 1/Sec. 12 -->
<!-- itemsortkey:120AAAO -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 12 -->
<!-- field-start:head -->
<h3 class="section-head">§12. Seal of Comptroller</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The seal devised by the Comptroller of the Currency for his office, and approved by the Secretary of the Treasury, shall continue to be the seal of office of the comptroller, and may be renewed when necessary. A description of the seal, with an impression thereof, and a certificate of approval by the Secretary of the Treasury, shall be filed in the office of the Secretary of State.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §330; Feb. 18, 1875, ch. 80, §1, 18 Stat. 317.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">R.S. §330 derived from act June 3, 1864, ch. 106, §2, 13 Stat. 100, which was the National Bank Act. See section 38 of this title.</p>
<!-- field-end:codification-note -->
<!-- field-start:function-transfer-note -->
<h4 class="note-head">Exception as to Transfer of Functions</h4>
<p class="note-body">Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.</p>
<!-- field-end:function-transfer-note -->
<!-- field-end:notes -->
<!-- documentid:12_13 usckey:120000000001300000000000000000000 currentthrough:20050103 documentPDFPage:4 -->
<!-- itempath:/120/CHAPTER 1/Sec. 13 -->
<!-- itemsortkey:120AAAP -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 13 -->
<!-- field-start:head -->
<h3 class="section-head">§13. Rooms for Currency Bureau</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">There shall be assigned, from time to time, to the Comptroller of the Currency, by the Secretary of the Treasury, suitable rooms in the Treasury Building for conducting the business of the Currency Bureau, containing safe and secure fireproof vaults, in which the Comptroller shall deposit and safely keep all the plates not necessarily in the possession of engravers or printers, and other valuable things belonging to his department; and the Comptroller shall from time to time furnish the necessary furniture, stationery, fuel, lights, and other proper conveniences for the transaction of the business of his office.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §331.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:referenceintext-note -->
<h4 class="note-head">References in Text</h4>
<p class="note-body">The bureau, referred to in text, is known as the Office of the Comptroller of the Currency.</p>
<!-- field-end:referenceintext-note -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">R.S. §331 derived from act June 3, 1864, ch. 106, §3, 13 Stat. 100, which was the National Bank Act. See section 38 of this title.</p>
<!-- field-end:codification-note -->
<!-- field-start:function-transfer-note -->
<h4 class="note-head">Exception as to Transfer of Functions</h4>
<p class="note-body">Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.</p>
<!-- field-end:function-transfer-note -->
<!-- field-end:notes -->
<!-- documentid:12_14 usckey:120000000001400000000000000000000 currentthrough:20050103 documentPDFPage:4 -->
<!-- itempath:/120/CHAPTER 1/Sec. 14 -->
<!-- itemsortkey:120AAAQ -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 14 -->
<!-- field-start:head -->
<h3 class="section-head">§14. Report of Comptroller</h3>
<!-- field-end:head -->
<!-- field-start:statute -->
<p class="statutory-body">The Comptroller of the Currency shall make an annual report to Congress. The report required under this section shall include the report required under section 57a(f)(7) of title 15.</p>
<!-- field-end:statute -->
<!-- field-start:sourcecredit -->
<p class="source-credit">(R.S. §333; Feb. 18, 1875, ch. 80, §1, 18 Stat. 317; Aug. 7, 1946, ch. 770, §1(39), 60 Stat. 869; Pub. L. 106–569, title XI, §1103(c), Dec. 27, 2000, 114 Stat. 3031.)</p>
<!-- field-end:sourcecredit -->
<!-- field-start:notes -->
<!-- field-start:codification-note -->
<h4 class="note-head">Codification</h4>
<p class="note-body">R.S. §333 derived from acts June 3, 1864, ch. 106, §61, 13 Stat. 117, and Feb. 19, 1873, ch. 166, 17 Stat. 466. Act June 3, 1864, was the National Bank Act. See section 38 of this title.</p>
<!-- field-end:codification-note -->
<!-- field-start:amendment-note -->
<h4 class="note-head">Amendments</h4>
<p class="note-body">2000—Pub. L. 106–569 inserted at end “The report required under this section shall include the report required under section 57a(f)(7) of title 15.”</p>
<p class="note-body">1946—Act Aug. 7, 1946, repealed in the opening clause, the requirement that the report to Congress shall be submitted at the commencement of its session, and repealed all provisions prescribing contents of the exhibits in the report.</p>
<!-- field-end:amendment-note -->
<!-- field-start:function-transfer-note -->
<h4 class="note-head">Exception as to Transfer of Functions</h4>
<p class="note-body">Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.</p>
<!-- field-end:function-transfer-note -->
<!-- field-end:notes -->
<!-- documentid:12_15 usckey:120000000001500000000000000000000 currentthrough:20050103 documentPDFPage:4 -->
<!-- itempath:/120/CHAPTER 1/Sec. 15 -->
<!-- itemsortkey:120AAAR -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 1-THE COMPTROLLER OF THE CURRENCY!@!Sec. 15 -->
<!-- field-start:repealedhead -->
<h3 class="section-head">§15. Repealed. Aug. 7, 1946, ch. 770, §1(40, 50), 60 Stat. 869, 870</h3>
<!-- field-end:repealedhead -->
<!-- field-start:repealsummary -->
<p class="note-body">Section, act Apr. 28, 1902, ch. 594, §1, 32 Stat. 138, required inclusion of expenses of liquidation of national banks in annual report of Comptroller of the Currency.</p>
<!-- field-end:repealsummary -->
<!-- documentid:12_-ch2 currentthrough:20050103 documentPDFPage:4 -->
<!-- itempath:/120/CHAPTER 2 -->
<!-- itemsortkey:120AAAS -->
<!-- expcite:TITLE 12-BANKS AND BANKING!@!CHAPTER 2-NATIONAL BANKS -->
<!-- field-start:structuralhead -->
…
