---
type: "LegalText"
title: "12 U.S.C. § 54"
description: "Repealed. Pub. L. 86–230, § 5, Sept. 8, 1959, 73 Stat. 457"
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: "54"
citation: "12 U.S.C. § 54"
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/s54"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "e0d65274eba6c01ed8a8db00e61ccfa990f8c1399515c0921f1efa764e2f12c9"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "b013c5673706dc440ffb7e60dae5b8ec428e68e66d8f1e15e3b1b531ace50c33"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 12 U.S.C. § 54 - Repealed. Pub. L. 86–230, § 5, Sept. 8, 1959, 73 Stat. 457

## Notes

Section, R.S. § 5141, related to failure to pay installments, remedy and effect if reduction of capital resulted.