12-U.S.C.-207,

§207, – §§207, 208. Repealed. Pub. L. 101-73, Title Viii, §808, Aug. 9, 1989, 103 Stat. 446

Pathway

Title 12 > Chapter 2 > Subchapter XIV > Section 207

Details

• Reference: Section 207
• Legend: §207, – §§207, 208. Repealed. Pub. L. 101-73, Title Viii, §808, Aug. 9, 1989, 103 Stat. 446
• USCode Year: 2013

Provision Content

Section 207, acts Mar. 9, 1933, ch. 1, title II, §207, 48 Stat. 3; May 20, 1933, ch. 34, 48 Stat. 72, prescribed conditions for reorganization of banks, requiring consent of depositors and other creditors, of stockholders, or of both depositors and other creditors and stockholders, namely that the reorganization plan be fair and equitable to depositors, other creditors, and stockholders and be in the public interest; that the plan be consented to in writing; and that the approved plan be binding on all consenting or nonconsenting depositors, creditors, and stockholders.

Section 208, act Mar. 9, 1933, ch. 1, title II, §208, 48 Stat. 4, made the provisions for segregation of deposits inapplicable after termination of conservatorship, and provided for termination of conservatorship after publication of notice of termination and mailing of a copy of such notice by registered mail to depositors of record.

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.

Topic Map

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