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LegalText 12 U.S.C. § 182 Notice of intent to dissolve us united_states_code code_section 12 BANKS AND BANKING 2 NATIONAL BANKS 182 12 U.S.C. § 182 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s182 data/legal/raw/us/code/title-12/usc12.xml d30f2faf6b674c9adce2ea3cb8235976904d71f5e886ba229d7ed3f46573720a e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 1c992a14cf5a41e5fcabe12e5442afb1c26deeaf2efc2dfe8501083b574fb0a9 2026-07-04 official
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12 U.S.C. § 182 - Notice of intent to dissolve

Text

Whenever a vote is taken to go into liquidation it shall be the duty of the board of directors to cause notice of this fact to be certified, under the seal of the association, by its president or cashier, to the Comptroller of the Currency, and publication thereof to be made for a period of two months in every issue of a newspaper published in the city or town in which the association is located, or if no newspaper is there published, then in the newspaper published nearest thereto, that the association is closing up its affairs, and notifying its creditors to present their claims against the association for payment.

(R.S. § 5221; Aug. 9, 1955, ch. 626, 69 Stat. 546.)

Notes

Editorial Notes

Codification R.S. § 5221 derived from act June 3, 1864, ch. 106, § 42, 13 Stat. 112, which was the National Bank Act. See section 38 of this title.

Amendments1955—Act Aug. 9, 1955, struck out provisions relating to publication in a newspaper published in the City of New York, and notification to holders of national bank notes to present them for payment.

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.