Volume 48 · 353
Public Law 73–14
To amend the Act of March 4, 1933, relating to the regulation of banking in the District of Columbia.
Approved February 16, 1934
Statutory text
AN ACT
To amend the Act of March 4, 1933, relating to the regulation of banking in the District of Columbia.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress Assembled,
That subsection
Banking regulations, District of Columbia.
Vol. 47, p. 1566.
(a) of section 4 of the Act entitled “An Act to further regulate banking, banks, trust companies, and building and loan associations in the District of Columbia, and for other purposes ”, approved
Double liability on bank stock; provision repealed.
March 4, 1933, is hereby repealed. repealed.
Sec. 2.
The additional liability imposed by subsection (b) of
Shareholders’ liability not applicable to new stock issues.
section 4 of such Act upon the shareholders of the savings banks, savings companies, and banking institutions specified in such subsection (b), shall not apply with respect to shares in any such savings bank, savings company, or banking institution issued after the date of enactment of this Act.
Approved, February 16, 1934.