12-U.S.C.-200

12-U.S.C.-200

§200 – Payment

Pathway

Title 12 > Chapter 2 > Subchapter XIII > Section 200

Details

  • Reference: Section 200
  • Legend: §200 – Payment
  • USCode Year: 2013

Provision Content

Whenever any such request shall be allowed as hereinbefore provided, the said Comptroller of the Currency shall be, and is, empowered to draw upon and from such funds of any such trust as may be deposited with the Treasurer of the United States for the benefit of the bank in interest, to the amount as may be recommended and allowed and for the purpose for which such allowance was made: Provided, however, That all payments to be made for or on account of the purchase of any such property and under any such allowance shall be made by the Comptroller of the Currency direct, with the approval of the Secretary of the Treasury, for such purpose only and in such manner as he may determine and order.

(Mar. 29, 1886, ch. 28, §3, 24 Stat. 8.)

Transfer of Functions

For transfer of functions to Secretary of the Treasury, see note set out under section 55 of this title.

Application to District of Columbia

Provisions 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.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-183 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-183, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-198 in the Legal Encyclopedia: Credit Institutions

In this entry about 12-U.S.C.-198, find legal reference material, bibliographies and premiere content related to credit institutions in the American Encyclopedia of Law, presenting a comprehensive view of the United States credit institutions-specific issues, written by authorities in the field.

12-U.S.C.-196 in the Legal Encyclopedia: Banks

In this entry about 12-U.S.C.-196, find legal reference material, bibliographies and premiere content related to banks in the American Encyclopedia of Law, presenting a comprehensive view of the United States banks-specific issues, written by authorities in the field.

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