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Session Laws, 1910 Session
Volume 487, Page 1469   View pdf image (33K)
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INDEX.


1469

M

CHAP.

PAGE

Bank and Trust Companies — powers of as a body cor-



porate .........................................

219

12

Stock subscription and director of affairs prior to



election of directors — how regulated ..............

219

12

Commissioner to make examination before new banks



shall open for business...........................

219

12

How affairs of bank shall be managed.................

219

12

May re-organize as National Bank....................

219

13

National Banks may re-organize as State Banks.......

219 ,

13

State' Banks may conduct savings department .......

219

14

May issue currency in accordance with Act of Congress

219

14

Savings Institutions...................................



Number of persons necessary to form .................

219

15

Name, location and general regulations...............

219

15

Not to have any capital stock ........................

219

15

Not to apply to existing institutions...................

219

15

Banks and Trust Companies — General Regulations......



Use of signs as defined bv this Act....................

219

31

Voting power of stockholders.........................

219

31

False statements concerning any company punishable



by fine and imprisonment........................

219

37

Banking Institutions not to include Building and Loan



Associations ....................................

219

23

- Shall keep stock book open to inspection...............

219

24

May amend articles of association not inconsistent with



law ...........................................

219

24

May hold real estate for specific purposes..............

219

24

Shall make reports to Commissioner....................

219

25

Failure to report subject to fine ......................

219

25

False statements, how punishable.....................

219

26

Consolidation, how it mav be affected.................

219

26

Capable of receiving deposits ........................

219

16

Deposits not to be loaned officers .....................

219

16

Dividends, how payable...............................

219

16

Treasurer to report to Bank Commissioner.............

219

17

Statements of Institutions to be published .............

219

17

Statements to be submitted to General Assembly........

219

17

Neglect to render statement subject to fine.............

219

18

Provisions regulating signs or advertising.............

219

18

Sections 31 to 39 to apply to all present and future ....



Savings Institutions .............................

219

18

Banks and Trust Companies — Trust Companies..........



Number of persons necessary to form.................

219

18

What articles of Incorporation shall state.............

219

18

Capital stock .......................................

219

19

Articles of incorporation to be approved by Bank Com-



missioner ......................................

219

19

Powers possessed bv Trust Companies..................

219

20

Powers when appointed executor ....................

219

21

Affairs to be managed by board of directors............

219

23

May go Into liquidation .............................

219

26

May place affairs in hands of Commissioner............

219

27

Cash reserve required ...............................

219

27

Total liability not to exceed 20 per cent...............

219

28

Unlawful to loan to officers or directors without proper



security ........................................

219

28

Checks not to be certified without funds are on hand...

219

28

Board of directors to declare dividend................

219

29



 
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Session Laws, 1910 Session
Volume 487, Page 1469   View pdf image (33K)
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