---
type: "LegalText"
title: "12 U.S.C. § 40"
description: "Virgin Islands; extension of National Bank Act"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "2"
chapter_name: "NATIONAL BANKS"
section: "40"
citation: "12 U.S.C. § 40"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
source_identifier: "/us/usc/t12/s40"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "e42fd1d9052bd4789148e1802a28a876a3a5dc375b57e4704178630b9912b6a9"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "3945bcc31bd6e00205c35ad5c653288b5a33909e9ba9eb7a7d854046af96b89c"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 12 U.S.C. § 40 - Virgin Islands; extension of National Bank Act

## Text

The National Bank Act, as amended [12 U.S.C. 21 et seq.], and all other Acts of Congress relating to national banks, shall, insofar as not locally inapplicable after July 19, 1932, apply to the Virgin Islands of the United States.

(July 19, 1932, ch. 508, 47 Stat. 703.)

## Notes

Editorial Notes

References in TextThe National Bank Act, referred to in text, is act June 3, 1864, ch. 106, 13 Stat. 99, which is classified principally to chapter 2 (§ 21 et seq.) of this title. For complete classification of this Act to the Code, see References in Text note set out under section 38 of this title.