Title 12 — Banks and Banking
Chapter 2 — National Banks
§ 66. Personal liability of representatives of stockholders
Statutory text
Persons holding stock as executors, administrators, guardians, or trustees, shall not be personally subject to any liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust funds would be, if living and competent to act and hold the stock in his own name.
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.
(R.S. § 5152.)
Enacted · 12 U.S.C. § 66
(R.S. § 5152.)
Unresolved: No Public Law or Statutes at Large citation in the Code source.
Source evidence
Code source credit
(R.S. § 5152.)
0 of 1 references resolved to an enrolled provision · 1 unresolved
Editorial Notes
Codification
R.S. § 5152 derived from act June 3, 1864, ch. 106, § 63, 13 Stat. 118, which was the National Bank Act. See section 38 of this title.
Credits
(R.S. § 5152.)