|
|
|
|
|
|
|
Art.
|
Sec.
|
|
|
Banks and Trust Companies -
|
|
|
|
|
Cont'd:
|
|
|
|
|
Banks :
|
|
|
|
|
Annual meeting of stockholders;
|
|
|
|
|
notice .....................
|
11
|
35
|
|
|
Articles of incorporation; what to
|
|
|
|
|
contain ....................
|
11
|
30
|
|
|
Execution; approval by bank
|
|
|
|
|
commissioner and judge; rec-
|
|
|
|
|
ord ; fees ...................
|
11
|
31
|
|
|
Bills and notes may issue to circu-
|
|
|
|
|
late as currency..............
|
29
|
4,7
|
|
|
Branch banks requirements for.
|
11
|
29
|
|
|
By-laws ........................
|
11
|
32
|
|
|
Capital stock Amount, pay-
|
|
|
|
|
ments, etc...................
|
11
|
29
|
|
|
Certificate authorizing bank to
|
|
|
|
|
commence business .........
|
11
|
34
|
|
|
Circulating notes; when may is-
|
|
|
|
|
sue ; proviso ...............
|
11
|
38
|
|
|
Deposits Security for U. S., State
|
|
|
|
|
or public ...................
|
11
|
32
|
|
|
Directors ; qualifications ; quo-
|
|
|
|
|
rum; election; oath; vacan-,
|
|
|
|
|
cies ; term of office ..........
|
11
|
35
|
|
|
Examination by commissioner be-
|
|
|
|
|
fore commencing business ;
|
|
|
|
|
certificate ..................
|
11
|
34
|
|
|
Examination of ; access to vaults,
|
|
|
|
|
etc.; additional examination.
|
11
|
7
|
|
|
Foreign Exchange may deal in.
|
11
|
32
|
|
|
Impairment of capital ; bank com-
|
|
|
|
|
missioner to take possession
|
|
|
|
|
upon failure to make good
|
|
|
|
|
deficiency ; resumption of
|
|
|
|
|
business ...................
|
11
|
10
|
|
|
May sue and be sued.............
|
11
|
32
|
|
|
Minimum capital, who may estab-
|
|
|
|
|
lish, proviso ................
|
11
|
29
|
|
|
Negotiable instrument payable
|
|
|
|
|
at. (See Bills and Notes
|
|
|
|
|
Presentment for Payment,
|
|
|
|
|
Checks, Indorsement.)
|
|
|
|
|
Officers Election, compensation,
|
|
|
|
|
bonds, etc...................
|
11
|
32, 35
|
|
|
Perpetual succession Right to ...
|
11
|
64
|
|
|
Powers .........................
|
11
|
32
|
|
|
Prohibited from circulating for-
|
|
|
|
|
eign state bank notes of
|
|
|
|
|
smaller denomination than
|
|
|
|
|
five dollars ; penalty..........
|
29
|
9
|
|
|
Re-hypothecation of securities
|
|
|
|
|
by ; penalty ................
|
27
|
248
|
|
|
Reorganization of national bank
|
|
|
|
|
as state bank ...............
|
11
|
37
|
|
|
Reorganization of state bank as
|
|
|
|
|
national bank ..............
|
11
|
36
|
|
|
Report of institutions violating
|
|
|
|
|
the law ; suit against ........
|
11
|
20
|
|
|
Requirements before commencing
|
|
|
|
|
business ...................
|
11
|
34
|
|
|
Savings department may be con-
|
|
|
|
|
ducted by ..................
|
11
|
39
|
|
|
Seal ...........................
|
11
|
32
|
|
|
State's accounts with.............
|
19
|
16
|
|
|
State funds ; withdrawal of surety,
|
|
|
|
|
proceedings to protect state
funds; new bond.............
|
90
|
8
|
|
|
Stockholders List to be furnished
|
|
|
|
|
commissioner ..............
|
11
|
34
|
|
|
Subscriptions to original stock and
|
|
|
|
|
direction of affairs prior to
|
|
|
|
|
election of directors..........
|
11
|
20
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Art.
|
Sec.
|
|
|
Banks and Trust Companies
|
|
|
|
|
Cont'd:
|
|
|
|
|
Banks Con'td:
|
|
|
|
|
Taxation of capital stock of. (See
|
|
|
|
|
Taxes State Tax Commis-
|
|
|
|
|
sion.)
|
|
|
|
|
Taxation of property of. (See
|
|
|
|
|
Taxes.)
|
|
|
|
|
Unclaimed deposits and divi-
|
|
|
|
|
3ends; comptroller to enforce
|
|
|
|
|
publication of ..............
|
19
|
24
|
|
|
Bills payable Limitations as to ...
|
11
|
79
|
|
|
Branches .........................
|
11
|
65
|
|
|
Capital Increase or decrease of ...
|
11
|
68
|
|
|
Capital notes, debentures, etc. Is-
|
|
|
|
|
sue and sale of ..............
|
11
|
70
|
|
|
Capital Stock, Banks Minimum
|
|
|
|
|
amount, etc..................
|
11
|
29
|
|
|
Cash reserves ; requirements .......
|
11
|
78
|
|
|
Charters Amendments of ........
|
11
|
68
|
|
|
Checks Payment, acceptance on
|
|
|
|
|
certification Saturday after-
|
|
|
|
|
noon ......................
|
11
|
94
|
|
|
Consolidation Requirements for .
|
11
|
76
|
|
|
Credit Unions:
|
|
|
|
|
Annual meetings ...............
|
11
|
133, 134
|
|
|
Article 11 does not apply to....
|
11
|
150
|
|
|
Audit of affairs..................
|
11
|
137
|
|
|
Bank Commissioner When may
|
|
|
|
|
take possession of..........
|
11
|
131
|
|
|
. Banking laws do not apply to ...
|
H
|
150
|
|
|
By-laws .......................
|
11
|
126, 127
|
|
|
Capital Subscription to shares...
|
11
|
138
|
|
|
Change in place of business.......
|
11
|
148
|
|
|
Committees Election, duties,
|
|
|
|
|
etc..........................
|
11
|
134, 136
|
|
|
|
|
137
|
|
|
Compensation for securing mem-
|
|
|
|
|
bers prohibited ............
|
11
|
130
|
|
|
Credit Committee:
|
|
|
|
|
Definition ...................
|
11
|
149
|
|
|
Disposition of surplus funds.....
|
11
|
141
|
|
|
Duties .......................
|
11
|
136
|
|
|
Election .....................
|
11.
|
134
|
|
|
Deposits:
|
|
|
|
|
May receive .................
|
11
|
129, 139
|
|
|
Withdrawal ..................
|
11
|
146
|
|
|
Directors :
|
|
|
|
|
Election; duties, etc............
|
11
|
134, 135
|
|
|
Number .....................
|
11
|
126
|
|
|
Dissolution ....................
|
11
|
147
|
|
|
Dividends .....................
|
11
|
145
|
|
|
Election of directors, etc.........
|
11
|
134
|
|
|
Entrance fee ...................
|
11
|
138,144
|
|
|
Examinations Fees ............
|
11
|
131, 132
|
|
|
Expulsion of members...........
|
11
|
138, 146
|
|
|
Fees ...........................
|
11
|
126, 132
|
|
|
|
|
138, 144
|
|
|
Fines ..........................
|
11
|
140, 144
|
|
|
Fiscal year ....................
|
11
|
133
|
|
|
Incorporation ..................
|
11
|
125, 126
|
|
|
Insolvency, etc. ................
|
11
|
131
|
|
|
Interest ........................
|
11
|
126,129
|
|
|
|
|
143
|
|
|
Investments May make .......
|
11
|
129, 142
|
|
|
Loans .........................
|
11
|
129, 136
|
|
|
|
|
138, 142
|
|
|
Meetings ......................
|
11
|
126
|
|
|
|
|
133-135
|
|
|
Members Expulsion ...........
|
11
|
146
|
|
|
Members Who are ............
|
11
|
130
|
|
|
Minors Shares and deposits in
|
|
|
|
|
name of ...................
|
11
|
139
|
|
|
|
|
|
|