National Bank Legislation: Hearings Before Subcommittee No. 1 of ... , 87:1+2 on H.R. 7796 ... S. 1771 ... J.R. 8874 ... , Part 1, September 12, 1961; Part 2, July 19 and 20, 19621962 - 90 páginas |
Términos y frases comunes
70 percent aggregate amount American Bankers Association approval automation Bank of America bank service corporation Banking and Currency banking system BARRETT BERGMANN bill Board of Governors branch to engage branches in foreign branches of American branches of national BRENT SPENCE Calhoun capital and surplus capital stock centum Chairman commercial banks Committee on Banking competitive Comptroller construction loans D.C. DEAR dependencies or insular Deposit Insurance Corporation enacted equipment estate loan limit favorable Federal Deposit Insurance Federal Reserve Act Federal Reserve Board Federal Reserve System Federal supervisory agency foreign banking foreign branches foreign commerce foreign countries House of Representatives investment JOHNSON legislation lending limitations loans secured MALCOLM member banks million MOORHEAD mortgage loans MULTER operations powers proposed questions real estate loans real estate mortgages regulations require residential or farm REUSS savings deposits SAXON SCRANTON section 25 Senate small banks statement STEBBINS supervisory agency concerned Thank tion United Washington
Pasajes populares
Página 14 - ... chartered or incorporated under the laws of the United States or of any State thereof, and principally engaged in international or foreign banking, or banking in a dependency or insular possession of the United States...
Página 7 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Página 14 - CHANGES IN EXISTING LAW In compliance with subsection (4) of rule XXIX of the Standing Rules of the Senate, changes in existing law made by the bill, as reported, are shown as follows (existing law proposed to be omitted is enclosed in black brackets, new matter is printed in...
Página 45 - States; and generally to exercise such powers as are incidental to the powers conferred by this Act or as may be usual, in the determination of the Federal Reserve Board, in connection with the transaction of the business of banking or other financial operations in the countries, colonies, dependencies, or possessions in which it shall transact business and not inconsistent with the powers specifically granted herein.
Página 73 - Saturday on which the office is so closed, may be performed on the next succeeding business day and no liability or loss of rights of any kind shall result from such delay.
Página 13 - The Committee on Banking and Currency, to whom was referred the bill (HR 6227) to provide for the control and regulation of bank holding companies, and for other purposes, having considered the same, report favorably thereon without amendment and recommend that the bill do pass.
Página 16 - Any member bank may accept drafts or bills of exchange drawn upon it having not more than three months' sight to run, exclusive of days of grace, drawn under regulations to be prescribed by the Board of Governors of the Federal Reserve System by banks or bankers in foreign countries or dependencies or insular possessions of the United States for the purpose of furnishing dollar exchange as required by the usages of trade in the respective countries, dependencies, or insular possessions.
Página 15 - Before any national bank shall be permitted to purchase stock in any such corporation the said corporation shall enter into an agreement or undertaking with the...
Página 66 - ... the Commission shall issue such certificate without requiring further proof that public convenience and necessity will be served by such operation and without further proceedings if application for such certificate is made to the Commission as provided in paragraph (b) of this section and within sixty days after the effective date of this Act.
Página 4 - ... loans made to finance the construction of residential or farm buildings and having maturities of not to exceed eighteen months, shall not be considered as loans secured by real estate within the meaning of this section but shall be classed as ordinary commercial loans whether or not secured by a mortgage or similar lien on the real estate upon which the building or buildings are being constructed: Provided, That no national banking association shall invest in, or be liable on, any such loans...