§ 53. When capital stock paid in

§ 53. When capital stock paid in

12 U.S.C. § 53 (N/A)

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All of the capital stock of every national banking association shall be paid in before it shall be authorized to commence business.

(R.S. § 5140; Pub. L. 86–230, § 4, Sept. 8, 1959, 73 Stat. 457.)

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§ 54. Repealed. Pub. L. 86–230, § 5, Sept. 8, 1959, 73 Stat. 457