Title 12 — Banks and BankingRelease 119-73not60
§62 List of Shareholders
Title 12 › Chapter 2— NATIONAL BANKS › Subchapter II— CAPITAL, STOCK, AND STOCKHOLDERS › § 62
Summary
The president and cashier must keep at the bank's office an accurate list of each shareholder with name, residence, and number of shares. Shareholders, creditors, and state tax officers may view the list during legal business hours. If the Comptroller of the Currency demands, a sworn copy must be sent within ten days.
Full Legal Text
Title 12, §62
Banks and Banking — Source: USLM XML via OLRC
The president and cashier of every national banking association shall cause to be kept at all times a full and correct list of the names and residences of all the shareholders in the association, and the number of shares held by each, in the office where its business is transacted. Such list shall be subject to the inspection of all the shareholders and creditors of the association, and the officers authorized to assess taxes under State authority, during business hours of each day in which business may be legally transacted. A copy of such list, verified by the oath of such president or cashier, shall be transmitted to the Comptroller of the Currency within ten days of any demand therefor made by him.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification R.S. § 5210 derived from act June 3, 1864, ch. 106, § 40, 13 Stat. 111, which was the National Bank Act. See section 38 of this title.
Amendments
1953—Act May 18, 1953, changed the requirement for annual transmission of a copy of the shareholders list to the Comptroller of the Currency by authorizing the Comptroller to acquire such copy at any time on 10 days’ notice.
Statutory Notes and Related Subsidiaries
Application to District of ColumbiaProvisions of this section were made applicable to banks, etc., in the District of Columbia by act Mar. 4, 1933, ch. 274, § 4, 47 Stat. 1567.
Executive Documents
Exception as to
Transfer of Functions
Functions vested by any provision of law in Comptroller of the Currency, referred to in this section, not included in
Transfer of Functions
to Secretary of the Treasury, see note set out under section 1 of this title.
Reference
Citations & Metadata
Citation
12 U.S.C. § 62
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60