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>
42 lines
1.3 KiB
Markdown
42 lines
1.3 KiB
Markdown
---
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type: "LegalText"
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title: "12 U.S.C. § 285"
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description: "Nonvoting stock"
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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: "3"
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chapter_name: "FEDERAL RESERVE SYSTEM"
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section: "285"
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citation: "12 U.S.C. § 285"
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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/s285"
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source_file: "data/legal/raw/us/code/title-12/usc12.xml"
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source_hash: "72c65152d174ce4ea2bc810c7727d77e4686162177d9819c4d9863ef00f9e41f"
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raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
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text_hash: "0eccda9a41e883ef29841ce238dd87ecfcf4cdc654772caf8a68b51df1ef815a"
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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. § 285 - Nonvoting stock
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## Text
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Stock not held by member banks shall not be entitled to voting power.
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(Dec. 23, 1913, ch. 6, § 2 (par.), 38 Stat. 253.)
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## Notes
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Editorial Notes
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Codification Section is comprised of the eleventh par. of section 2 of act Dec. 23, 1913. For classification of other pars. of section 2 of this Act, see Codification note set out under section 222 of this title.
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