State member banks shall be subject to the same limitations and
conditions with respect to the purchasing, selling, underwriting,
and holding of investment securities and stock as are applicable in
the case of national banks under paragraph "Seventh" of section 24
of this title. This section shall not apply to any interest held by
a State member bank in accordance with section 24a of this title
and subject to the same conditions and limitations provided in such
section.
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