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12 U.S.C. § 285

U.S. CodeFederal
Nonvoting stock
About This Law
/us/usc/t12/s285
Title
12 — Banks and Banking
Chapter
CH3
Release
119-84
Release Date
2026-04-17

Section Text

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Stock not held by member banks shall not be entitled to voting power. (Dec. 23, 1913, ch. 6, § 2 (par.), 38 Stat. 253.) Editorial Notes 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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