Browse Arkansas Code titles and sections
12 U.S.C. § 329a — Omitted
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Section, act Dec. 23, 1913, ch. 6, § 9 (par.), as added Aug. 23, 1935, ch. 614, title II, § 202, 49 Stat. 704, related to waiver of the requirements of sections 321 to 338 of this title for admission to membership in the case of a bank which was required to become a member of the Federal Reserve System under a former provision of subsection (y) of former [section 264 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section264&num=0&edition=prelim), which provision was repealed by act June 20, 1939, ch. 214, § 2, 53 Stat. 842.
This section was based on the twelfth par. of section 9 of act Dec. 23, 1913, as amended. The twelfth par. constituted the eleventh par. of section 9 when added in 1935, and became the twelfth par. in 1950 (64 Stat. 458). For further details, see Codification note set out under [section 321 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section321&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 329a
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 8d9056f61e6cf76eb0b864493da874a2d6ae575d61e538c02aa2ffa2db742e09. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_8758bb768cad32347256b1b3
Source file: Laws/federal/codes/united-states-code/title-12/section-329a-omitted--d12ff4d482.md
Pages: Not recorded – Not recorded
Passage SHA-256: e96406adcd05059d93cade379e7d3f39c7f833a9b7ac896228e16db24b5d6a1e
Source location: Title 12, Chapter 3, § 329a; chapter-003-federal-reserve-system.md
Stored source content
### Statutory Notes
#### Codification
Section, act Dec. 23, 1913, ch. 6, § 9 (par.), as added Aug. 23, 1935, ch. 614, title II, § 202, 49 Stat. 704, related to waiver of the requirements of sections 321 to 338 of this title for admission to membership in the case of a bank which was required to become a member of the Federal Reserve System under a former provision of subsection (y) of former [section 264 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section264&num=0&edition=prelim), which provision was repealed by act June 20, 1939, ch. 214, § 2, 53 Stat. 842.
This section was based on the twelfth par. of section 9 of act Dec. 23, 1913, as amended. The twelfth par. constituted the eleventh par. of section 9 when added in 1935, and became the twelfth par. in 1950 (64 Stat. 458). For further details, see Codification note set out under [section 321 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section321&num=0&edition=prelim).
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Section, act Dec. 23, 1913, ch. 6, § 12B, as added June 16, 1933, ch. 89, § 8, 48 Stat. 168; amended June 16, 1934, ch. 546, § 1 (1)–(10), 48 Stat. 969, 970; June 28, 1935, ch. 335, 49 Stat. 435; Aug. 23, 1935, ch. 614, title I, § 101, 49 Stat. 684; Apr. 21, 1936, ch. 244, 49 Stat. 1237; May 25, 1938, ch. 276, 52 Stat. 442; June 16, 1938, ch. 489, 52 Stat. 767; June 20, 1939, ch. 214, § 2, 53 Stat. 842; Apr. 13, 1943, ch. 62, § 1, 57 Stat. 65; Aug. 5, 1947, ch. 492, §§ 2, 4, 61 Stat. 773; June 25, 1948, ch. 645, § 21, 62 Stat. 862; Oct. 15, 1949, ch. 695, § 4, 63 Stat. 880; Aug. 17, 1950, ch. 729, §§ 5–7, 64 Stat. 457, relating to the Federal Deposit Insurance Corporation, was withdrawn from the Federal Reserve Act and made a separate act to be known as the Federal Deposit Insurance Act, by section 1 of act Sept. 21, 1950, ch. 967, 64 Stat. 873. The Federal Deposit Insurance Act is classified to chapter 16 (§ 1811 et seq.) of this title.
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 264
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Any bank incorporated by special law of any State, operating under the Code of Law for the District of Columbia, or organized under the general laws of any State or of the United States, including Morris Plan banks and other incorporated banking institutions engaged in similar business, desiring to become a member of the Federal Reserve System, may make application to the Board of Governors of the Federal Reserve System, under such rules and regulations as it may prescribe, for the right to subscribe to the stock of the Federal Reserve bank organized within the district in which the applying bank is located. Such application shall be for the same amount of stock that the applying bank would be required to subscribe to as a national bank. For the purposes of membership of any such bank the terms “capital” and “capital stock” shall include the amount of outstanding capital notes and debentures legally issued by the applying bank and purchased by the Reconstruction Finance Corporation. The Board of Governors of the Federal Reserve System, subject to the provisions of this chapter and to such conditions as it may prescribe pursuant thereto may permit the applying bank to become a stockholder of such Federal Reserve bank.
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 321
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 115
TITLE 12—BANKS AND BANKING
§ 330
ernors of the Federal Reserve System, cancel
within the same calendar year more than 25 per
centum of its capital stock for the purpose of ef-
fecting voluntary withdrawals during that year.
All such applications shall be dealt with in the
order in which they are filed with the board.
Whenever a member bank shall surrender its
stock holdings in a Federal reserve bank, or
shall be ordered to do so by the Board of Gov-
ernors of the Federal Reserve System, under au-
thority of law, all of its rights and privileges as
a member bank shall thereupon cease and deter-
mine, and after due provision has been made for
any indebtedness due or to become due to the
Federal reserve bank it shall be entitled to a re-
fund of its cash-paid subscription with interest
at the rate of one-half of 1 per centum per
month from date of last dividend, if earned, the
amount refunded in no event to exceed the book
value of the stock at that time, and shall like-
wise be entitled to repayment of deposits and of
any other balance due from the Federal reserve
bank.
(Dec. 23, 1913, ch. 6, § 9 (par.), as added June 21,
1917, ch. 32, § 3, 40 Stat. 233; amended Apr. 17,
1930, ch. 175, 46 Stat. 170; Aug. 23, 1935, ch. 614,
title II, § 203(a), 49 Stat. 704.)
Editorial Notes
CODIFICATION
Section is comprised of the tenth par. of section 9 of
act Dec. 23, 1913, as amended. The tenth par. con-
stituted the eighth par. of section 9 in 1917 (40 Stat.
232), became the ninth par. in 1927 (44 Stat. 1229), and
became the tenth par. in 1950 (64 Stat. 458). For further
details, see Codification note set out under section 321
of this title.
AMENDMENTS
1930—Act Apr. 17, 1930, amended part of section pre-
ceding second proviso.
Statutory Notes and R
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 329a
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.