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" That the total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xxxiii
by Michigan. Banking Division - 1910
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Study of Mortgage Credit, Volumes 22-23

United States. Congress. Senate. Committee on Banking and Currency - 1959 - 892 pages
...association of any person, copartnership, association, or corporation shall at no time exceed 10 per centum of the amount of the capital stock of such association actually paid in and unimpaired and 10 per centum of its unimpaired surplus fund. The term 'obligations' shall mean...
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Study of Subcommittee Credit, Hearings Before a Subcommittee of ..., 86-1 ...

United States. Congress. Senate. Banking and Currency Committee - 1959 - 892 pages
...association of any person, copartnership, association, or corporation shall at no time exceed 10 per centum of the amount of the capital stock of such association actually paid in and unimpaired and 10 per centum of its unimpaired surplus fund. The term 'obligations' shall mean...
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Federal Laws: Urban Renewal: Excerpts from Housing Act of 1949 and Related ...

United States - 1961 - 76 pages
...association of any person, copartnership, association, or corporation shall at no time exceed 10 per centum of the amount of the capital stock of such association actually paid in and unimpaired and 10 per centum of its unimpaired surplus fund. The term "obligations" shall mean...
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Hearings, Reports and Prints of the Senate Committee on Banking and Currency

United States. Congress. Senate. Committee on Banking and Currency - 1963 - 716 pages
...liabilities as acceptor, one fifth; and exclusive of liabilities on such bills of exchange, one tenth part of the amount of the capital stock of such association actually paid in. SEC. 48; And be it further enacted, That no association shall, at any time, pay out on loans or discounts,...
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Federal Banking Laws and Reports, 1780-1912 ..., 50th Anniversary, 1913-1963 ...

United States. Congress. Senate. Committee on Banking and Currency - 1963 - 548 pages
...company or firm the liabilities of the several members thereof, shall at not time exceed one tenth part of the amount of the capital stock of such association actually paid in : Provided, That the discount of bona fide bills of exchange drawn against actually existing values,...
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Recent Federal Reserve Action and Economic Policy Coordination ..., Part 1

United States. Congress. Joint Economic Committee - 1965 - 744 pages
...association of any person, copartnership, association, or corporation shall at no time exceed 10 per centum of the amount of the capital stock of such association actually paid in and unimpaired and 10 per centum of its unimpaired surplus fund. The term 'obligations' shall mean...
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Consolidation of Bank Examining and Supervisory Functions: Hearings Before ...

United States. Congress. House. Banking and Currency Committee - 1965 - 624 pages
...association of any person, copartnership, association, or corporation shall at no time exceed 10 percent of the amount of the capital stock of such association actually paid in and unimpaired and 10 percent of its unimpaired surplus fund. Under the terms of this Office's ruling,...
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To Amend the Bank Merger Act of 1960: Hearings Before the ..., Part 2

United States. Congress. House. Committee on Banking and Currency. Subcommittee on Domestic Finance - 1966 - 1130 pages
...association of any person, copartnership, association, or c-orporation shall at no time exceed 10 percent of the amount of the capital stock of such association actually paid in and unimpaired and 10 percent of its unimpaired surplus fund. Cnder the terms of this Office's ruling,...
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Comptroller's Manual for National Banks: Laws, Regulations, Rulings

United States. Office of the Comptroller of the Currency - 1966 - 480 pages
...association of any person, copartnership, association, or corporation shall at no time exceed 10 per centum of the amount of the capital stock of such association actually paid in and unimpaired and 10 per centum of its unimpaired surplus fund. The term 'obligations' shall mean...
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The Comptroller and Bank Supervision: a Historical Appraisal, Volume 10

Ross M. Robertson - 1968 - 286 pages
...a company or firm the liabilities of the several members thereof, shall at no time exceed one tenth part of the amount of the capital stock of such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing values,...
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