Title 12 — Banks and Banking
Chapter 6 — Foreign Banking
§ 623. Voluntary liquidation
Statutory text
Any corporation organized under this subchapter may go into voluntary liquidation and be closed by a vote of its shareholders owning two-thirds of its stock.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Third Deficiency Appropriation Act, fiscal year 1919
Pub. L. 66–6 § 25A · 41 Stat. 35
Enacted · 12 U.S.C. § 623
Dec. 23, 1913, ch. 6, § 25A (par.), formerly § 25(a), as added Dec. 24, 1919, ch. 18, 41 Stat. 378
Source evidence
Code source credit
Dec. 23, 1913, ch. 6, § 25A (par.), formerly § 25(a), as added Dec. 24, 1919, ch. 18, 41 Stat. 378
0 of 1 references resolved to an enrolled provision · 1 partial
Editorial Notes
References in Text
Any corporation organized under this subchapter, referred to in text, was in the original “Any such corporation”.
Codification
Section is comprised of par. 15 (undesignated) of section 25A of act , which comprises this subchapter. For complete classification of section 25A of this Act, see Codification note set out under section 611 of this title.
Credits
1913–1991 · 2 acts
- 1913Dec. 23, 1913, ch. 6, § 25A (par.), formerly § 25(a), as added Dec. 24, 1919, ch. 18, 41 Stat. 378
- 1991renumbered § 25A, Pub. L. 102–242, title I, § 142(e)(2), , 105 Stat. 2281.
Show as published
(Dec. 23, 1913, ch. 6, § 25A (par.), formerly § 25(a), as added Dec. 24, 1919, ch. 18, 41 Stat. 378; renumbered § 25A, Pub. L. 102–242, title I, § 142(e)(2), , 105 Stat. 2281.)