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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 82 Repealed. Pub. L. 97320, title IV, § 402, Oct. 15, 1982, 96 Stat. 1510 us united_states_code code_section 12 BANKS AND BANKING 2 NATIONAL BANKS 82 12 U.S.C. § 82 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/s82 data/legal/raw/us/code/title-12/usc12.xml 225d9134553b73b523dfff49ea37e8c14178135ecb11765ea1ecc1638d87861f e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa a2a2d27a17fe04181aef943eb75e8a679cb9e64c2e41259f6c4d504fc01d16d6 2026-07-04 official
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12 U.S.C. § 82 - Repealed. Pub. L. 97320, title IV, § 402, Oct. 15, 1982, 96 Stat. 1510

Notes

Section, R.S. § 5202; Dec. 23, 1913, ch. 6, § 13 (par.), 38 Stat. 264; Sept. 7, 1916, ch. 461, 39 Stat. 753; Apr. 5, 1918, ch. 45, § 20, 40 Stat. 512; Oct. 22, 1919, ch. 79, § 2, 41 Stat. 297; Mar. 4, 1923, ch. 252, title V, § 504, 42 Stat. 1481; Feb. 25, 1927, ch. 191, § 11, 44 Stat. 1231; Jan. 22, 1932, ch. 8, § 5, formerly § 6, 47 Stat. 8, renumbered and amended June 30, 1947, ch. 166, title I, § 1, 61 Stat. 202; May 20, 1933, ch. 35, § 2, 48 Stat. 73; June 19, 1934, ch. 653, § 2, 48 Stat. 1107; Sept. 8, 1959, Pub. L. 86230, § 10, 73 Stat. 458; Sept. 9, 1959, Pub. L. 86251, § 2, 73 Stat. 488; July 24, 1970, Pub. L. 91351, title II, § 201(b), 84 Stat. 451; Jan. 4, 1975, Pub. L. 93646, § 11, 88 Stat. 2337, provided that no national banking association could at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, plus 50 percent of the amount of its unimpaired surplus fund, except on account of demands of the nature following: notes of circulation; moneys deposited with or collected by the association; bills of exchange or drafts drawn against money actually on deposit to the credit of the association, or due thereto; liabilities to the stockholders of the association for dividends and reserve profits; liabilities incurred under the provisions of the Federal Reserve Act; liabilities incurred under the provisions of the Federal Deposit Insurance Act [12 U.S.C. 1811 et seq.]; liabilities created by the indorsement of accepted bills of exchange payable abroad actually owned by the indorsing bank and discounted at home or abroad; liabilities incurred under the provisions of sections 1031 to 1033 of this title; liabilities incurred on account of loans made with the express approval of the Comptroller of the Currency under former section 84(9) of this title; liabilities incurred under the provisions of section 352a of this title; liabilities incurred in connection with sales of mortgages, or participations therein, to the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; and liabilities incurred in borrowing from the Export-Import Bank of the United States.