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12 U.S.C. · Banks and Banking
12 U.S.C. § 131

Repealed. Pub. L. 103-325, title VI, §602(e)(14)-(21), Sept. 23, 1994, 108 Stat. 2292

Ch. 2 — NATIONAL BANKS
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 2
Statutory Text

12 U.S.C. § 131 — Repealed. Pub. L. 103-325, title VI, §602(e)(14)-(21), Sept. 23, 1994, 108 Stat. 2292

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 2 - NATIONAL BANKS SUBCHAPTER VII - PROCEEDINGS ON FAILURE OF BANK TO REDEEM CIRCULATING NOTES Secs. 131 to 138 - Repealed. Pub. L. 103-325, title VI, §602(e)(14)-(21), Sept. 23, 1994, 108 Stat. 2292 From the U.S. Government Publishing Office, www.gpo.gov

§§131 to 138. Repealed. Pub. L. 103–325, title VI, §602(e)(14)–(21), Sept. 23, 1994, 108 Stat. 2292

Section 131, R.S. §5226; June 20, 1874, ch. 343, §3, 18 Stat. 123, related to protest of notes and waiver of demand and notice of protest. Section 132, R.S. §5227, related to appointment by Comptroller of the Currency of special agent to examine failure of national banking association to redeem its circulating notes and provided for forfeiture of association's bonds to United States based on findings of agent. Section 133, R.S. §5228; Feb. 18, 1875, ch. 80, §1, 18 Stat. 320, prohibited banking associations from continuing in business after default. Section 134, R.S. §5229, provided that, upon declaration of forfeiture of association's bonds, Comptroller of the Currency was to notify holders of circulating notes to present notes for payment and was authorized to cancel bonds pledged by association. Section 135, R.S. §5232, related to disposition of redeemed notes and perpetuation of evidence of payment of such notes. Section 136, R.S. §5233, related to cancellation of redeemed notes. Section 137, R.S. §5230, provided Comptroller of the Currency with option of selling defaulting association's bonds at auction, rather than cancelling them, and granted United States paramount lien on all association assets in case of deficiencies from such sale. Section 138, R.S. §5231, related to private sale of defaulting association's bonds by Comptroller of the Currency.

Source: uscode.house.gov — public domain Official Source ↗
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BS-USC12-SEC-DC540E
Entity Class
STATUTE / FEDERAL-CODE-SECTION
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boisestandard.org
Citation
12 U.S.C. § 131
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Federal — United States
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PRIMARY-SOURCE
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a2521b67e9ecc338...
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The statutory text of 12 U.S.C. § 131 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 12 U.S.C. § 127 12 U.S.C. § 141 →
Ch. 2 — NATIONAL BANKS
12 U.S.C. § 2112 U.S.C. § 21a12 U.S.C. § 2212 U.S.C. § 2312 U.S.C. § 2412 U.S.C. § 24a12 U.S.C. § 2512 U.S.C. § 25a12 U.S.C. § 25b12 U.S.C. § 2612 U.S.C. § 2712 U.S.C. § 2812 U.S.C. § 2912 U.S.C. § 3012 U.S.C. § 3112 U.S.C. § 3212 U.S.C. § 3312 U.S.C. § 3512 U.S.C. § 3612 U.S.C. § 3712 U.S.C. § 3812 U.S.C. § 3912 U.S.C. § 4012 U.S.C. § 4112 U.S.C. § 4212 U.S.C. § 4312 U.S.C. § 5112 U.S.C. § 51a12 U.S.C. § 51b12 U.S.C. § 51b1
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