12 U.S.C. § 11 — Interest in national banks
U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 1 - THE COMPTROLLER OF THE CURRENCY Sec. 11 - Interest in national banks From the U.S. Government Publishing Office, www.gpo.gov
§11. Interest in national banks
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 or any Federal savings association.
(R.S. §329; Pub. L. 106–569, title XII, §1233(b), Dec. 27, 2000, 114 Stat. 3037; Pub. L. 111–203, title III, §314(c), July 21, 2010, 124 Stat. 1524.)
Editorial Notes
Codification 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.
Amendments 2010—Pub. L. 111–203 inserted "or any Federal savings association" before the period. 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".
Statutory Notes and Related Subsidiaries
Effective Date of 2010 Amendment Amendment by Pub. L. 111–203 effective on the transfer date, see section 314(d) of Pub. L. 111–203, set out as a note under section 1 of this title.