Fabio
76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
48 lines
2.0 KiB
Markdown
48 lines
2.0 KiB
Markdown
---
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type: "LegalText"
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title: "12 U.S.C. § 11"
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description: "Interest in national banks"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 12
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title_name: "BANKS AND BANKING"
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chapter_number: "1"
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chapter_name: "THE COMPTROLLER OF THE CURRENCY"
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section: "11"
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citation: "12 U.S.C. § 11"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
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source_identifier: "/us/usc/t12/s11"
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source_file: "data/legal/raw/us/code/title-12/usc12.xml"
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source_hash: "1fd20f2453243db80a4b6e2f5182a02a2ae6d03d93d7c8a8fcb01c5424da1142"
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raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
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text_hash: "d9979d5f8a8608b172ff308e4afcb21354981d4580c55cf6225a363165a95345"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 12 U.S.C. § 11 - Interest in national banks
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## Text
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It shall not be lawful for the Comptroller or the Deputy Comptroller of the Currency, either directly or indirectly, to hold an interest in any national bank or any Federal savings association.
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(R.S. § 329; Pub. L. 106–569, title XII, § 1233(b), Dec. 27, 2000, 114 Stat. 3037; Pub. L. 111–203, title III, § 314(c), July 21, 2010, 124 Stat. 1524.)
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## Notes
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Editorial Notes
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Codification R.S. § 329 derived from act June 3, 1864, ch. 106, § 1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title.
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Amendments2010—Pub. L. 111–203 inserted “or any Federal savings association” before the period. 2000—Pub. L. 106–569 substituted “to hold an interest in any national bank” for “to be interested in any association issuing national currency under the laws of the United States”.
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Statutory Notes and Related Subsidiaries
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Effective Date of 2010 AmendmentAmendment by Pub. L. 111–203 effective on the transfer date, see section 314(d) of Pub. L. 111–203, set out as a note under section 1 of this title.
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