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" To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange,... "
Public and Local Acts of the Legislature of the State of Michigan - Page 227
by Michigan - 1887
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Legislative Proposals to Restructure Our Financial System: Hearings Before ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1988 - 1008 pages
...duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting...promissory notes, drafts, bills of exchange, and other evidence of debt; by receiving deposits; by loaning money on personal security; by buying and selling...
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Proposed Mellon-Dreyfus Merger: Hearings Before the Subcommittee ..., Volume 4

United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations - 1994 - 1018 pages
...national banks shall have the power: To exercise ... all such incidental powers as shall be necessary to carry on the business of banking; by discounting...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on...
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Proposed Mellon-Dreyfus Merger: Hearings Before the Subcommittee ..., Volume 4

United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations - 1994 - 990 pages
...banks shall have the power: To exercise ... all such incidental powers as shall be necessary to cany on the business of banking; by discounting and negotiating...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on...
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Securities Regulatory Equality: Hearing Before the Subcommittee on ..., Volume 4

United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications and Finance - 1994 - 312 pages
...Committee on Energy and Commerce, March 3, 1994. 1 12 USC § 24(7) J 12 U.&C § 92* 15 USC § 78<il 4 (1) Discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; (2) receiving deposits; (3) buying and selling exchange, coin, and bullion; (4) loaning money...
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Proposed Mellon-Dreyfus Merger: Hearings Before the Subcommittee ..., Volume 4

United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations - 1994 - 990 pages
...national banks shall have the power: To exercise ... all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drifts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling...
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Office of the Comptroller of the Currency's Recent Regulatory ..., Volume 4

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions and Regulatory Relief - 1997 - 112 pages
...today. It states that a national bank may exercise "all such incidental powers as shall be necessary to carry on the business of banking; by discounting...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on...
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Federal Bank Holding Company Law

Pauline B. Heller, Melanie Fein - 1997 - 1084 pages
...National Bank Act authorizes national banks to exercise: "all such incidental powers as shall be necessary to carry on the business of banking; by discounting...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion, by loaning money on...
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Banking Across State Lines: Public and Private Consequences

Peter S. Rose - 1997 - 198 pages
...national bank] may . . . exercise under this act all such incidental powers as shall be necessary to carrv on the business of banking by discounting and negotiating...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on...
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Democracy and Public Administration

Richard C. Box - 2007 - 216 pages
...activities allow it to engage in a variety of other specifically enumerated activities, such as: • Discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; • Buying and selling foreign exchange, coin, and bullion; • Acting as agent or fiduciary;...
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Securitizations: Legal and Regulatory Issues

Patrick D. Dolan, C. VanLeer Davis - 2000 - 1220 pages
...duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on...
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