FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER X—POWERS AND DUTIES OF MEMBER BANKS

Rate of interest paid to directors, etc

12 U.S.C. § 376
Title12Banks and Banking
ChapterSUBCHAPTER X—POWERS AND DUTIES OF MEMBER BANKS

This text of 12 U.S.C. § 376 (Rate of interest paid to directors, etc) 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. § 376.

Text

No member bank shall pay to any director, officer, attorney, or employee a greater rate of interest on the deposits of such director, officer, attorney, or employee than that paid to other depositors on similar deposits with such member bank.

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History

(Dec. 23, 1913, ch. 6, §22(e), as added Sept. 26, 1918, ch. 177, §5, 40 Stat. 971.)

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12 U.S.C. § 376, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/376.