 | 1963 - 414 pages
...of exchange drawn in good faith against actually existing values; (2) to obligations arising out of the discount of commercial or business paper actually owned by the person negotiating the same; (3) to the liability of a customçr on account of an acceptance made by the Corporation for his account... | |
 | United States. Congress. Joint Economic Committee - 1966 - 332 pages
...this section to any limitation based upon such capital and surplus. "(2) Obligations arising out of the discount of commercial or business paper actually owned by the person, copartnership, association, or corporation negotiating the same shall not be subject under this section... | |
 | California Board of Bank Commissioners - 1880 - 242 pages
...(including in the liabilities of a company or firm the liabilities of the several members thereof). " But the discount of bills of exchange drawn in good...same, shall not be considered as money borrowed." We do not desire to be considered too radical in our suggestions, and have, for that reason, recommended... | |
 | United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1979 - 688 pages
...bills of exchange drawn in good faith against actually existing values; (ii) obligations arising out of the discount of commercial or business paper actually owned by the person negotiating the same; (iii) obligations drawn in good faith against actually existing values and secured by goods or commodities... | |
 | United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1979 - 676 pages
...bills of exchange drawn in good faith against actually existing values; (ii) obligations arising out of the discount of commercial or business paper actually owned by the person negotiating the same; (iii) obligations drawn in good faith against actually existing values and secured by goods or commodities... | |
 | Illinois - 1917 - 882 pages
...provided, further, that undivided profits shall not be construed as a part of the surplus. But (1) the discount of bills of exchange drawn in good faith against actually existing values; (2) the discount of commercial or business paper actually owned by the person negotiating the same;... | |
 | Illinois - 1919
...provided, further, that undivided profits shall not be construed as a part of the surplus. But (1) the discount of bills of exchange drawn in good faith against actually existing values; (2) the discount of commercial or business paper actually owned by the person negotiating the same;... | |
 | 1979 - 524 pages
...limitation of 10 per centum shall be subject to the following exceptions:] (2) Obligations arising out of the discount of commercial or business paper actually owned by the person, copartnership, association, or corporation negotiating the same shall not be subject under this section... | |
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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 : * * • Provided,... 
