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" 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 onetenth part... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xxxi
by Michigan. Banking Division - 1908
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The Southern Reporter, Volume 16

1895 - 1154 pages
...under which it was incorporated, and which declared that "the total liabilities to any association of any person, or of any company, corporation or firm for money borrowed including the liability of a company or firm, the liabilities of the several members, thereof, shall at no time...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - 1888 - 712 pages
...(5200.) Limit of Liability of one Person or Firm.2 — 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...
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Extracts from the Laws of the United States Relating to Currency and Finance

United States - 1889 - 90 pages
...five years.] SEC. 29. And be it further enacted, 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...
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Annual Report of the Commissioner of the Banking Department of ..., Volume 25

Michigan. State Banking Department - 1914 - 748 pages
...bank." It is evident that this limitation was borrowed from the National Banking Law, section 5200 of the Revised Statutes of the United States, providing...company, corporation, or firm for money borrowed, several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock...
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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - 1891 - 332 pages
...five years.] SEC. 29. And be it further enacted, 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...
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Session Laws

South Dakota - 1891 - 392 pages
...treasury. § 22. LOANS AND DISCOUNTS.] The total liability of [to] any association of any person or company, corporation or firm, for money borrowed, including in the liabilities of a company or firm, the liabilities of the several members thereof, shall not at any time exceed fifteen...
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Hand-book for Bank Officers

George Mathewes Coffin - 1893 - 186 pages
...RESTRICTIONS AS TO LOANS IMPOSED BY SECTION 5200. SEC. 5200. 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...
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Congressional Serial Set, Issue 3073

1893 - 1256 pages
...Statutes of the United States, which reads as follows : The total liabilities to any association, of any person, or of any company, corporation, or firm, for money borrowed, including in tbe liabilities of u company or firm the liabilities of the several members thereof, shall at no time...
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The American State Reports: Containing the Cases of General Value ..., Volume 42

Abraham Clark Freeman - 1895 - 1054 pages
...under which it was incorporated, and which declared that 41 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...
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Commentaries on the Law of Private Corporations, Volume 3

Seymour Dwight Thompson - 1895 - 1202 pages
...directors.* The National Currency Act provides 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...
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