12 USC 53 – When capital stock paid in
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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.
Terms Used In 12 USC 53
- association: when used in reference to a corporation, shall be deemed to embrace the words "successors and assigns of such company or association" in like manner as if these last-named words, or words of similar import, were expressed. See 1 USC 5