Problems Encountered Under State Usury Laws Usury Laws, Hearings Before the Subcommittee on Financial Institutions of ..., 93-2 on S. 3817 ..., July 31, 1974, Bände 22-23
Was andere dazu sagen - Rezension schreiben
Es wurden keine Rezensionen gefunden.
able allowed amendment amount apply Arkansas Association bankers believe bill Board borrowers capital cent Chairman charge Committee companies compete competitive concerned constitutional construction consumer continue corporate corporate borrowers cost Court customers demand deposits discount rate economic effect excess existing fact Federal Reserve financial institutions flow forced funds going growth higher higher rates housing increase individual industry inflation insured interest rates investment June larger legislation lenders lending limit loans loss major maximum million Montana months mortgage national banks needs obtain Office operating percent period permitted present president prime problem proposed provision purchase question reasons recent reduced relief reported restrictive result savings and loan Senator BROCK situation statement Tennessee term tion United usury ceilings usury laws
Seite 34 - Although activities may be intrastate in character when separately considered, if they have such a close and substantial relation to interstate commerce that their control is essential or appropriate to protect that commerce from burdens and obstructions, Congress cannot be denied the power to exercise that control.
Seite 99 - That every association may take, receive, reserve, and charge on any loan or discount made, or upon any note, bill of exchange, or other evidences of debt, interest at the rate allowed by the laws of the State or territory where the bank is located, and no more...
Seite 34 - The fundamental principle is that the power to regulate commerce is the power to enact "all appropriate legislation...
Seite 99 - 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 100 - The purchase, discount or sale of a bona fide bill of exchange, note or other evidence of debt payable at another place than the place of such purchase, discount or sale at not more than the current rate of exchange for sight...
Seite 112 - Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of any thing that is lent upon usury : unto a stranger thou mayest lend upon usury ; but unto thy brother thou shalt not lend upon usury...
Seite 108 - District, the bank may take, receive, reserve, or charge a rate not exceeding 7 per centum, or 1 per centum in excess of the discount rate on ninety-day commercial paper in effect at the Federal reserve bank in the Federal reserve district where the bank is located, whichever may be the greater, and such interest may be taken in advance, reckoning the days for which the note, bill, or other evidence of debt has to run.
Seite 101 - And the purchase, discount, or sale of a bona fide bill of exchange, payable at another place than the place of such purchase, discount, or sale, at not more than the current rate of exchange for sight drafts, in addition to the interest, shall not be considered as taking or receiving a greater rate of interest.
Seite 100 - State or territory, the bank may take, receive, reserve or charge a rate not exceeding seven per centum, and such interest may be taken in advance, reckoning the days for which the note, bill, or other evidence of debt has to run.