§ 199. — Approval of request.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC199]
TITLE 12--BANKS AND BANKING
CHAPTER 2--NATIONAL BANKS
SUBCHAPTER XIII--RECEIVERSHIP
Sec. 199. Approval of request
Such request, if approved by the Comptroller of the Currency, shall
be, together with the certificate of facts in the case, and his
recommendation as to the amount of money which, in his judgment, should
be so used and employed, submitted to the Secretary of the Treasury, and
if the same shall likewise be approved by him, the request shall be by
the Comptroller of the Currency allowed, and notice thereof, with copies
of the request, certificate of facts, and indorsement of approvals,
shall be filed with the Treasurer of the United States.
(Mar. 29, 1886, ch. 28, Sec. 2, 24 Stat. 8.)
Transfer of Functions
For transfer of functions to Secretary of the Treasury, see note set
out under section 121 of this title.
Application to District of Columbia
Provisions of this section were made applicable to banks, etc., in
the District of Columbia by act Mar. 4, 1933, ch. 274, Sec. 4, 47 Stat.
1567.
