12 USC 623: Voluntary liquidation
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12 USC 623: Voluntary liquidation Text contains those laws in effect on January 4, 1995
From Title 12-BANKS AND BANKINGCHAPTER 6-FOREIGN BANKINGSUBCHAPTER II-ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING
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§623. Voluntary liquidation

Any corporation organized under this subchapter may go into voluntary liquidation and be closed by a vote of its shareholders owning two-thirds of its stock.

(Dec. 23, 1913, ch. 6, §25A (par.), formerly §25(a), as added Dec. 24, 1919, ch. 18, 41 Stat. 378 , and renumbered §25A, Dec. 19, 1991, Pub. L. 102–242, title I, §142(e)(2), 105 Stat. 2281 .)

References in Text

Any corporation organized under this subchapter, referred to in text, was in the original "Any such corporation".

Codification

Section is comprised of a part of section 25A, formerly section 25(a), which was added to act Dec. 23, 1913, ch. 6, by act Dec. 24, 1919.