§ 11. — Interest in national banks.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC11]
TITLE 12--BANKS AND BANKING
CHAPTER 1--THE COMPTROLLER OF THE CURRENCY
Sec. 11. Interest in national banks
It shall not be lawful for the Comptroller or the Deputy Comptroller
of the Currency, either directly or indirectly, to hold an interest in
any national bank.
(R.S. Sec. 329; Pub. L. 106-569, title XII, Sec. 1233(b), Dec. 27, 2000,
114 Stat. 3037.)
Codification
R.S. Sec. 329 derived from act June 3, 1864, ch. 106, Sec. 1, 13
Stat. 99, which was the National Bank Act. See section 38 of this title.
Amendments
2000--Pub. L. 106-569 substituted ``to hold an interest in any
national bank'' for ``to be interested in any association issuing
national currency under the laws of the United States''.
