1. U.S. Code
  2. title 12
  3. chapter 2
  4. subchapter II
  5. § 53

View all text of Subchapter II [§ 51 - § 67]

§ 53. When capital stock paid in

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.)

CITE AS: 12 USC 53