Shareholders in any corporation organized under the provisions of this subchapter shall be liable for the amount of their unpaid stock subscriptions. No such corporation shall become a member of any Federal reserve bank.
Dec. 23, 1913, ch. 6, § 25ADec. 24, 1919, ch. 1841 Stat. 378Pub. L. 102–242, title I, § 142(e)(2)105 Stat. 2281( (par.), formerly § 25(a), as added , ; renumbered § 25A, , , .)
Editorial Notes
References in Text
This subchapter, referred to in text, was in the original “this section”, meaning section 25A of act , which is classified to this subchapter (§ 611 et seq.).
Codification
section 611 of this titleSection is comprised of par. 13 (undesignated) of section 25A of act , which comprises this subchapter. For complete classification of section 25A of this Act, see Codification note set out under .