Banking Act of 1935: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-fourth Congress, First Session, on S. 1715 and H.R. 7617, Bills to Provide for the Sound, Effective, and Uninterrupted Operation of the Banking System, and for Other Purposes. Consolidated. April 19 to June 3, 1935

Cover
 

Inhalt

Häufige Begriffe und Wortgruppen

Beliebte Passagen

Seite 14 - No officer, director, or employee of any corporation or unincorporated association, no partner or employee of any partnership, and no individual, primarily engaged in the issue, flotation, underwriting, public sale, or distribution, at wholesale or retail, or through syndicate participation, of stocks, bonds, or other similar securities...
Seite 14 - An Act to expedite the provision of housing in connection with national defense, and for other purposes", approved October 14, 1940, as amended, is amended by inserting before the period at the end thereof a colon and the following : "Provided further, That...
Seite 16 - Dividends (Sec. 5199). —The directors of any association may semiannually declare a dividend of so much of the net profits of the association as they shall judge expedient; but each association shall, before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund until the same shall amount to twenty per centum of its capital stock.
Seite 558 - System and that consideration has been given to the financial history and condition of the bank, the adequacy of its capital structure, its future earnings prospects, the general character of its management, the convenience and needs of the community to be served by the bank, and whether or not its corporate powers are consistent with the purposes of the Federal Deposit Insurance Act.
Seite 6 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Seite 16 - ... allowed by the laws of the State, Territory or District where the bank is located, and no more, except that where by the laws of any State a different rate is limited for banks of issue organized under State laws, the rate so limited shall be allowed for associations organized or existing in any such State under this Title.
Seite 18 - No member bank shall pay any time deposit before its maturity except upon such conditions and in accordance with such rules and regulations as may be prescribed by the said Board, or waive any requirement of notice before payment of any savings deposit except as to all savings deposits having the same requirement...
Seite 4 - Whenever an insured bank shall have been closed on account of inability to meet the demands of its depositors...
Seite 165 - ... (8) Obligations of any person, copartnership, association, or corporation in the form of notes secured by not less than a like amount of bonds or notes of the United States...
Seite 18 - No member bank shall, directly or indirectly by any device whatsoever, pay any interest on any deposit which is payable on demand : Provided, That nothing herein contained shall be construed as prohibiting the payment of interest in accordance with the terms of any certificate of deposit or other contract...

Bibliografische Informationen