Public Law 119-73 (01/23/2026)

12 U.S.C. § 544 to 547

Omitted

Editorial Notes

Codification

act Mar. 3, 1883, ch. 121, § 122 Stat. 488Section 544, R.S. § 5215; , , related to half-yearly return of circulation.

act Mar. 3, 1883, ch. 121, § 122 Stat. 488Section 545, R.S. § 5216; , , related to penalty for failure to make return.

Section 546, R.S. § 5217, related to enforcing tax on circulation.

act June 10, 1921, ch. 18, § 30442 Stat. 24Section 547, R.S. § 5218; , , related to refunding excess tax.

Statutory Notes and Related Subsidiaries

Repeals

section 547 of this titleact June 26, 1934, ch. 756, § 248 Stat. 1226Effective , the permanent appropriation provided for in former was repealed by , , such act authorizing in lieu thereof, an annual appropriation from the general fund of the Treasury.

Redemption of Bonds; Termination of Circulating Notes

In a communication from the Treasury Department dated , it was stated “The Secretary of the Treasury called for redemption the only outstanding issues of United States bonds bearing the circulation privilege as follows:

“2% Consols. of 1930, as of ,

“2% Panama Canal bonds of 1916–36, and

“2% Panama Canal bonds of 1918–38, as of .

“The retirement of these issues automatically put an end to National Bank note circulation and the collection of the tax thereon.”