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TITLE 12 > CHAPTER 6 > SUBCHAPTER II

SUBCHAPTER II—ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING

  • § 611. Formation authorized; fiscal agents; depositaries in insular possessions
  • § 611a. Statement of purposes; rules and regulations
  • § 612. Articles of association; contents
  • § 613. Signing of articles of association; forwarding to and filing by Board of Governors of the Federal Reserve System; organization certificate; contents
  • § 614. Organization 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
  • § 615. Powers of corporation
  • § 616. Place of carrying on business; when business may be begun
  • § 617. Engaging in commerce or trade in commodities; price fixing; forfeiture of charter; acts forbidden to directors, officers, agents, or employees
  • § 618. Capital stock; amount; when paid in
  • § 619. Capital stock; by whom held; ownership of capital stock by foreign bank
  • § 620. Members of Board of Governors of the Federal Reserve System without interest in corporation
  • § 621. Liability of shareholders on unpaid subscriptions; membership of corporation in Federal reserve bank prohibited
  • § 622. Forfeiture of rights and privileges; dissolution; liability of directors and officers
  • § 623. Voluntary liquidation
  • § 624. Appointment of receiver or conservator
  • § 625. Stockholders’ meetings; books and records; reports; examination
  • § 626. Dividends; surplus fund
  • § 627. State taxation
  • § 628. Extension of corporate existence
  • § 629. Conversion of banking corporations into Federal corporations; procedure
  • § 630. Offenses by officers of corporation; punishment
  • § 631. False representations as to liability of United States for acts of corporation; punishment
  • § 632. Jurisdiction of United States courts; disposition by banks of foreign owned property
  • § 633. Potential liability on foreign accounts

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