Public Law 119-88 (05/04/2026)

Subchapter II Organization of Corporations to DO Foreign Banking

Browse 0 units and 24 sections in Subchapter II Organization of Corporations to DO Foreign Banking of Title 12.

Sections in Subchapter II

§ 611 Formation authorized; fiscal agents; depositaries in insular possessions § 611a Statement of purposes; rules and regulations § 612 Articles of association; contents § 613 Signing of articles of association; forwarding to and filing by Board of Governors of the Federal Reserve System; organization certificate; contents § 614 Organization certificate; acknowledgment; forwarding to, filing, and approval by Board of Governors of the Federal Reserve System; permit to do business; body corporate; name; seal; corporate succession; contracts; suits; directors, officers, and employees; bylaws § 615 Powers of corporation § 616 Place of carrying on business; when business may be begun § 617 Engaging in commerce or trade in commodities; price fixing; forfeiture of charter; acts forbidden to directors, officers, agents, or employees § 618 Capital stock; amount; when paid in § 619 Capital stock; by whom held; ownership of capital stock by foreign bank § 620 Members of Board of Governors of the Federal Reserve System without interest in corporation § 621 Liability of shareholders on unpaid subscriptions; membership of corporation in Federal reserve bank prohibited § 622 Forfeiture of rights and privileges; dissolution; liability of directors and officers § 623 Voluntary liquidation § 624 Appointment of receiver or conservator § 625 Stockholders’ meetings; books and records; reports; examination § 626 Dividends; surplus fund § 627 State taxation § 628 Extension of corporate existence § 629 Conversion of banking corporations into Federal corporations; procedure § 630 Offenses by officers of corporation; punishment § 631 False representations as to liability of United States for acts of corporation; punishment § 632 Jurisdiction of United States courts; disposition by banks of foreign owned property § 633 Potential liability on foreign accounts