 | United States. Congress. Senate. Committee on Rules and Administration - 1952 - 892 pages
...discounting of bills of exchange drawn in good faith against actually existing values and the discounting of commercial or business paper actually owned by...the same shall not be considered as money borrowed within the meaning of subsections (1) and (2) of this section. (5) No bank shall make or renew any... | |
 | 1952 - 824 pages
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 | Illinois. Supreme Court - 1901 - 714 pages
...shall at no time exceed one-tenth part of the amount of capital of such association actually paid in. But the discount of bills of exchange drawn in good...same, shall not be considered as money borrowed." The legislative intent in the enactment of this statute was to prescribe the duties of those officials... | |
 | United States. Congress. Senate. Select Committee to Study Censure Charges - 1954 - 1082 pages
...discounting of bills of exchange drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by...the same, shall not be considered as money borrowed within the meaning of this subsection. The limitation herein provided shall apply only to new loans... | |
 | California - 1954 - 750 pages
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 | California - 1954 - 764 pages
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 | New Hampshire - 1955 - 904 pages
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 | Arizona - 1956 - 776 pages
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 | 1956 - 776 pages
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But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. 
