Title 12, Banks and BankingRelease 119-73not60
§612 Articles of Association; Contents
Title 12 › Chapter 6— FOREIGN BANKING › Subchapter II— ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING › § 612
Summary
People named in section 611 must make articles that state the group's purpose and may add other lawful rules to run its business.
Full Legal Text
Title 12, §612
Banks and Banking, Source: USLM XML via OLRC
The persons described in section 611 of this title shall enter into articles of association which shall specify in general terms the objects for which the association is formed and may contain any other provisions not inconsistent with law which the association may see fit to adopt for the regulation of its business and the conduct of its affairs.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
The persons described in section 611 of this title, referred to in text, was in the original “Such persons”. Codification Section is comprised of par. 3 (undesignated) of section 25A of act Dec. 23, 1913, which comprises this subchapter. For complete classification of section 25A of this Act, see Codification note set out under section 611 of this title.
Reference
Citations & Metadata
Citation
12 U.S.C. § 612
Title 12, Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60