International Banking Act of 1976: Hearing Before the Subcommittee on Financial Institutions of the Committee on Banking, Housing and Urban Affairs, United States Senate, Ninety-fourth Congress, Second Session, on H.R. 13876 ... August 31, 1976U.S. Government Printing Office, 1976 - 399 páginas |
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Palavras e frases frequentes
amendment American banks ANGELES application assets authority BANCO Bank Holding Company Bankers banking activities BANKING BUSINESS Banking Department banking subsidiary Board of Governors Boston branch or agency branches and agencies California capital Chairman Chicago Citicorp commercial lending company competition Comptroller consumer finance Corp direct subsidiary domestic banks Edge Act corporations engaged establish FDIC Fed approval Federal branch Federal Deposit Insurance Federal Reserve Act Federal Reserve Board Federal Reserve System Financial Institutions foreign bank branches foreign banks operating foreign branches FUJI BANK Glass-Steagall Act Holding Company Act House bill industry interest International Banking Act investment banking investment companies KOREA EXCHANGE BANK leasing legislation LIABILITIES loans located member banks mortgage banking National Bank offices PARENT AND AFFILIATES permitted prohibited proposed regulatory reserve requirements SAN FRANCISCO securities activities securities affiliates securities firms securities markets Senator MCINTYRE Stock Exchange surety bond U.S. securities underwriting
Passagens conhecidas
Página 138 - Changes in Existing Law Made bt the Bill, As Reported In compliance with clause 3 of Rule XIII of the Rules of the House of Representatives, changes in existing law made by the bill, as reported, are shown as follows (existing law proposed to be omitted is enclosed in black brackets, new matter is printed in italic, existing law in which no change is proposed is shown in roman) : TITLE 38, UNITED STATES CODE PART I. GENERAL PROVISIONS CHAPTER 1— GENERAL 101. Definitions For the purposes of this...
Página 142 - No association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in the form of dividends or otherwise, any portion Of its capital.
Página 139 - Every director must own, in his own right, at least ten shares of the capital stock of the association of which he is a director. Any director who ceases to be the owner of ten shares of the stock, or who becomes in any other manner disqualified, shall thereby vacate his place.
Página 122 - States, and for other purposes, having considered the same, report favorably thereon with amendments and recommend that the bill as amended do pass. The amendments are as follows : Page 2.
Página 145 - It is the policy of the United States (A) to oppose restrictive trade practices or boycotts fostered or imposed by foreign countries against other countries friendly to the United States...
Página 141 - ... sight to run, exclusive of days of grace, drawn under regulations to be prescribed by the Federal Reserve Board [Board of Governors of the Federal Reserve System] by banks or bankers in foreign countries or dependencies or insular possessions of the United States for the purpose of furnishing dollar exchange as required by the usages of trade in the respective countries, dependencies or insular possessions.
Página 139 - Federal reserve notes, or checks, and drafts, payable upon presentation, and also, for collection, maturing notes and 'bills ; or, solely for purposes of exchange or of collection, may receive from other Federal reserve banks deposits of current funds in lawful money...
Página 139 - Every director must, during his whole term of service, be a citizen of the United States, and at least three-fourths of the directors must have resided in the State, Territory, or District in which the association is located...
Página 140 - The persons signing the organization certificate shall duly acknowledge the execution thereof before a judge of some court of record or notary public, who shall certify thereto under the seal of such court or notary, and thereafter the certificate shall be forwarded to the Federal Reserve Board to be filed and preserved in its office. Upon duly making and filing articles of association and an organization certificate, and after the Federal Reserve Board has approved the same and issued a permit to...
Página 143 - ... concerned (except in the case of an order issued upon consent, which shall become effective at the time specified therein). Such order shall remain effective and enforceable except to such extent as it is stayed, modified, terminated, or set aside by action of the agency or a reviewing court.