FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER I—ORGANIZATION AND GENERAL PROVISIONS
Formation of national banking associations; incorporators; articles of association
12 U.S.C. § 21
Title12 — Banks and Banking
ChapterSUBCHAPTER I—ORGANIZATION AND GENERAL PROVISIONS
This text of 12 U.S.C. § 21 (Formation of national banking associations; incorporators; articles of association) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 21.
Text
Associations for carrying on the business of banking under title 62 of the Revised Statutes may be formed by any number of natural persons, not less in any case than five. They shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with law, which the association may see fit to adopt for the regulation of its business and the conduct of its affairs. These articles shall be signed by the persons uniting to form the association, and a copy of them shall be forwarded to the Comptroller of the Currency, to be filed and preserved in his office.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
United States v. Philadelphia National Bank
374 U.S. 321 (Supreme Court, 1963)
Lewis v. BT Investment Managers, Inc.
447 U.S. 27 (Supreme Court, 1980)
Atherton v. Federal Deposit Insurance Corp.
519 U.S. 213 (Supreme Court, 1997)
Kathy Kroske, an Individual v. Us Bank Corp., a Foreign Corporation Dba U.S. Bank
432 F.3d 976 (Ninth Circuit, 2005)
First National Bank in Plant City v. Dickinson
396 U.S. 122 (Supreme Court, 1969)
Standard Oil Co. v. New Jersey
341 U.S. 428 (Supreme Court, 1951)
Marvin MacKey Lillian MacKey Husband and Wife v. Pioneer National Bank, a National Banking Corporation Paul Campbell, Marie Campbell, Husband and Wife
867 F.2d 520 (Ninth Circuit, 1989)
Firstar Bank, N.A., a National Banking Association v. Lawrence J. Faul and Faul Chevrolet, Incorporated, an Illinois Corporation
253 F.3d 982 (First Circuit, 2001)
Federal Deposit Insurance Corporation, as Receiver of the Western National Bank of Lovell, Wyoming v. British-American Insurance Company, Ltd.
828 F.2d 1439 (Ninth Circuit, 1987)
Steven K. Dunlap v. G &L Holding Group
381 F.3d 1285 (Eleventh Circuit, 2004)
Fred Fisher, on Behalf of Himself and on Behalf of All Other Persons Similarly Situated v. First National Bank of Omaha, Omaha, Nebraska
548 F.2d 255 (First Circuit, 1977)
Branch v. Federal Deposit Insurance
825 F. Supp. 384 (D. Massachusetts, 1993)
Gogolin & Stelter, Cross-Appellant v. Karn's Auto Imports, Inc., First City Bank, Bellaire, N.A., Cross-Appellee
886 F.2d 100 (First Circuit, 1989)
First National Bank in Mena, Cross-Appellee v. Jack A. Nowlin, Cross-Appellant
509 F.2d 872 (First Circuit, 1975)
Senior Unsecured Creditors' Committee of First Republic-Bank Corp. v. Federal Deposit Insurance
749 F. Supp. 758 (N.D. Texas, 1990)
Independent Bankers Association of America v. John G. Heimann, Comptroller of the Currency of the United States Department of Treasury
613 F.2d 1164 (D.C. Circuit, 1980)
Atherton v. Anderson
99 F.2d 883 (Sixth Circuit, 1938)
Miller v. Wells Fargo Bank, N.A.
994 F. Supp. 2d 542 (S.D. New York, 2014)
First National Bank of Lamarque v. James E. Smith, Comptroller of the Currency, State Insurance Board of the State of Texas
610 F.2d 1258 (First Circuit, 1980)
Stella Ex Rel. Kaiser-Frazer Corp. v. Graham-Paige Motors Corp.
132 F. Supp. 100 (S.D. New York, 1955)
Source Credit
History
(R.S. §5133.)
Editorial Notes
Editorial Notes
References in Text
Title 62 of the Revised Statutes, referred to in text, was in the original "this Title" meaning title LXII of the Revised Statutes, consisting of R.S. §§5133 to 5244, which are classified to this section and sections 16, 22 to 24a, 25a, 25b, 26, 27, 29, 35 to 37, 39, 43, 52, 53, 55 to 57, 59 to 62, 66, 71, 72 to 76, 81, 83 to 86, 90, 91, 93, 93a, 94, 141 to 144, 161, 164, 181, 182, 192 to 194, 196, 215c, 481 to 485, 501, 541, 548, and 582 of this title. See, also, sections 8, 333, 334, 475, 656, 709, 1004, and 1005 of Title 18, Crimes and Criminal Procedure. For complete classification of R.S. §§5133 to 5244 to the Code, see Tables.
Codification
R.S. §5133 derived from act June 3, 1864, ch. 106, §5, 13 Stat. 100, which was the National Bank Act. See section 38 of this title.
Statutory Notes and Related Subsidiaries
Short Title of 2014 Amendment
Pub. L. 113–251, §1, Dec. 18, 2014, 128 Stat. 2888, provided that: "This Act [enacting section 1308 of Title 18, Crimes and Criminal Procedure, amending sections 25a, 339, 1463, and 1829a of this title and sections 1952, 1953, and 1955 of Title 18, and enacting provisions set out as a note under section 25a of this title] may be cited as the 'American Savings Promotion Act'."
Executive Documents
Exception as to Transfer of Functions
Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.
References in Text
Title 62 of the Revised Statutes, referred to in text, was in the original "this Title" meaning title LXII of the Revised Statutes, consisting of R.S. §§5133 to 5244, which are classified to this section and sections 16, 22 to 24a, 25a, 25b, 26, 27, 29, 35 to 37, 39, 43, 52, 53, 55 to 57, 59 to 62, 66, 71, 72 to 76, 81, 83 to 86, 90, 91, 93, 93a, 94, 141 to 144, 161, 164, 181, 182, 192 to 194, 196, 215c, 481 to 485, 501, 541, 548, and 582 of this title. See, also, sections 8, 333, 334, 475, 656, 709, 1004, and 1005 of Title 18, Crimes and Criminal Procedure. For complete classification of R.S. §§5133 to 5244 to the Code, see Tables.
Codification
R.S. §5133 derived from act June 3, 1864, ch. 106, §5, 13 Stat. 100, which was the National Bank Act. See section 38 of this title.
Statutory Notes and Related Subsidiaries
Short Title of 2014 Amendment
Pub. L. 113–251, §1, Dec. 18, 2014, 128 Stat. 2888, provided that: "This Act [enacting section 1308 of Title 18, Crimes and Criminal Procedure, amending sections 25a, 339, 1463, and 1829a of this title and sections 1952, 1953, and 1955 of Title 18, and enacting provisions set out as a note under section 25a of this title] may be cited as the 'American Savings Promotion Act'."
Executive Documents
Exception as to Transfer of Functions
Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in transfer of functions to Secretary of the Treasury, see note set out under section 1 of this title.
Cite This Page — Counsel Stack
Bluebook (online)
12 U.S.C. § 21, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/21.