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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. § 22 Organization certificate us united_states_code code_section 12 BANKS AND BANKING 2 NATIONAL BANKS 22 12 U.S.C. § 22 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/s22 data/legal/raw/us/code/title-12/usc12.xml 3eab428d916e3c8ca3fd5843da71c78971b1638ce8a8f7efe6ce28d95dad0737 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 0b56203793558d6d0303e75a05ebe4e77dd84a7db15199526c5396929d8fc95a 2026-07-04 official
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12 U.S.C. § 22 - Organization certificate

Text

The persons uniting to form such an association shall, under their hands, make an organization certificate, which shall specifically state: First. The name assumed by such association; which name shall include the word “national”. Second. The place where its operations of discount and deposit are to be carried on, designating the State, Territory, or District, and the particular county and city, town, or village. Third. The amount of capital stock and the number of shares into which the same is to be divided. Fourth. The names and places of residence of the shareholders and the number of shares held by each of them. Fifth. The fact that the certificate is made to enable such persons to avail themselves of the advantages of title 62 of the Revised Statutes.

(R.S. § 5134; Pub. L. 86230, § 25, Sept. 8, 1959, 73 Stat. 466; Pub. L. 97320, title IV, § 405(b), Oct. 15, 1982, 96 Stat. 1512.)

Notes

Editorial Notes

References in TextTitle 62 of the Revised Statutes, referred to in par. Fifth, was in the original “this Title” meaning title LXII of the Revised Statutes, consisting of R.S. §§ 5133 to 5244, which are classified to this section and sections 16, 21, 23 to 24a, 25a, 25b, 26, 27, 29, 35 to 37, 39, 43, 52, 53, 55 to 57, 59 to 62, 66, 71, 72 to 76, 81, 83 to 86, 90, 91, 93, 93a, 94, 141 to 144, 161, 164, 181, 182, 192 to 194, 196, 215c, 481 to 485, 501, 541, 548, and 582 of this title. See, also, sections 8, 333, 334, 475, 656, 709, 1004, and 1005 of Title 18, Crimes and Criminal Procedure. For complete classification of R.S. §§ 5133 to 5244 to the Code, see Tables.

Codification R.S. § 5134 derived from act June 3, 1864, ch. 106, § 6, 13 Stat. 101, which was the National Bank Act. See section 38 of this title.

Amendments1982—Par. First. Pub. L. 97320 struck out “and be subject to the approval of the Comptroller of the Currency” after “national”. 1959—Par. First. Pub. L. 86230 substituted “which named shall include the word national and be” for “which name shall be”.