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" The limitations and restrictions herein contained as to dealing in, underwriting and purchasing for its own account, investment securities shall not apply to obligations of the United States, or general obligations of any State or of any political subdivision... "
Consolidation of National Banking Associations, Hearing Before a ... - Página 10
de United States. Congress. Senate. Banking Currency Committee - 1926 - 372 páginas
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Consolidation of National Banking Associations, Etc

United States. Congress. House. Committee on Banking and Currency - 1924 - 270 páginas
...such capital uml surplus in addition to such 10 per centum < if such capital and surplus; except that obligations of the United States or general obligations...any State or of any political subdivision thereof shall not be subject nnder this section t<i any limitation bused on such capital and surplus." SEC....
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Federal Reserve Bulletin

1925 - 1024 páginas
...such capital and surplus in addition to such 10 per centum of such capital and surplus; except that obligations of the United States or general obligations...issued under authority of the Federal farm loan act, shall not be subject under this section to any limitation based on such capital and surplus: Provided,...
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Consolidation of National Banking Association, Hearings Before ..., 68-2 on ...

United States. Congress. Senate. Committee on Banking and Currency - 1925 - 130 páginas
...institutions, or any national banking institution, to purchase without limit obligations of the United States, general obligations of any State or of any political subdivision thereof, or obligations issued under the authority of the Federal farm loan act. As a practical matter under our present system and practice...
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Consolidation of National Banking Associations

United States. Congress. Senate. Committee on Banking and Currency - 1926 - 384 páginas
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...farm loan act: And provided further, That in carrying OH the business commonly known as the safe-deposit business no such association shall invest in the...
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Problems in Banking, Money and Credit

John Martin Chapman, Ray Bert Westerfield - 1927 - 798 páginas
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...authority of the Federal Farm Loan Act : And provided furtlicr, That in carrying on the business commonly known as the safedeposit business no such association...
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The American Economic Review, Volume 17

1927 - 820 páginas
...the bank's capital and surplus. An exception is made of obligations of the United States or the legal obligations of any state or of any political subdivision...issued under authority of the Federal Farm Loan act. The power to buy and sell stocks is not granted, since those are not "evidences of debt." It has been...
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The Banking Process

Robert Gordon Rodkey - 1928 - 382 páginas
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...in carrying on the business commonly known as the safe deposit business no such association shall invest in the capital stock of a corporation organized...
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The Banking Process

Robert Gordon Rodkey - 1928 - 384 páginas
...such association actually paid in and unimpaired and 25 per centum of the unimpaired surplus fund, but this limitation as to total amount shall not apply...issued under authority of the Federal Farm Loan Act." a. The "Marketable" Reqoirement Since stocks are not evidences of indebtedness banks were not permitted...
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The Banking Process

Robert Gordon Rodkey - 1928 - 378 páginas
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...thereof, or obligations issued under authority of the Feder?J Farm Loan Act: And provided further, That in carrying on the business commonly known as the...
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Annual Report - Board of Governors of the Federal Reserve System, Volumes 14-15

Board of Governors of the Federal Reserve System (U.S.) - 1928 - 774 páginas
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...State or of any political subdivision thereof, or "Uigations issued under authority of the Federal Farm Loan Act: And provided further, That in carrying...
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