Any receiver of a national banking association is authorized, with the approval of the Comptroller of the Currency and upon the order of a court of record of competent jurisdiction, to compromise, either before or after judgment, the individual liability of any shareholder of such association.
Feb. 25, 1930, ch. 5846 Stat. 74(, .)
Statutory Notes and Related Subsidiaries
Application to District of Columbia
act Mar. 4, 1933, ch. 274, § 447 Stat. 1567Provisions of this section were made applicable to banks, etc., in the District of Columbia by , .
Executive Documents
Exception as to Transfer of Functions
section 1 of this titleFunctions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer to Secretary of the Treasury, see note set out under .