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Subchapter I. General Provisions
§ 901. Corporate charter to do business as bank or trust company. - No banking business or the business of a trust company...
§ 902. Certificate required to transact business or open place of business. - No bank or trust company not actively engaged in business...
§ 903. Issuance of certificate to transact business. - (a) The Commissioner shall not give any certificate required by...
§ 904. Reports to Commissioner. - (a) Every bank and trust company shall make and transmit...
§ 905. Reports by national banks, federal savings associations and out-of-state banks. - National banks, out-of-state banks (as defined in § 795 of...
§ 906. Failure to make reports; penalty. - Every bank or trust company failing to comply with §§...
§ 907. Reserve requirements. - (a) “Demand deposits” as used in this section shall mean...
§ 908. Value at which assets shall be carried on books. - No bank or trust company shall carry on its books...
§ 908A. Bank distinct from bank insurance department or division. - The assets of any bank or trust company shall be...
§ 909. Loan limitations. - (a) No bank, trust company or savings bank shall make...
§ 910. Investment limitations. - No bank or trust company shall invest more than 25...
§ 911. Ownership of real estate used for transaction of business. - Section 762 of this title shall be applicable to all...
§ 912. Limitations upon loans on security of and purchase of own capital stock. - No bank or trust company shall purchase shares of its...
§ 913. Authority of national bank to act as fiduciary. - Any national bank located in this State, when authorized by...
§ 914. Appointment of trust company as trustee. - Any court, judge or officer, authorized by law to appoint...
§ 916. Preference of funds held on deposit. - Whenever any bank or trust company holds on deposit funds...
§ 917. Surety not required on bond of trust company or national bank; liability and lien upon real estate. - (a) (1) Whenever a trust company is appointed to an...
§ 918. Limitations on pledging or hypothecating assets. - (a) No bank or trust company shall pledge or hypothecate...
§ 920. Deposits by minors. - (a) Any bank, savings bank, savings institution or trust company...
§ 922. Deposits of decedents. - Banks, trust companies, savings banks, and savings societies may pay...
§ 923. Deposits in names of two or more persons. - When a deposit in any bank, trust company, savings bank...
§ 924. Bank deposit accounts in trust form. - (a) The following terms shall have the following definitions for...
§ 926. Subrogation of Federal Deposit Insurance Corporation to rights of owners of insured deposits in closed institutions. - Whenever a receiver has been appointed by the Court of...
§ 927. Penalty for false statements regarding financial condition. - Whoever wilfully and maliciously makes, circulates or transmits to another...
§ 928. Penalty for representing or holding oneself out as engaged in business of receiving deposits or of a trust company. - (a) Any person, firm, or association of individuals or any...
§ 929. Tying arrangements prohibited. - (a) No bank or trust company shall, either directly or...
§ 930. Right of cancellation of certain insurance. - (a) Except as otherwise provided in this section, in the...
§ 930A. Mandatory disclosure in bank insurance policies. - (a) Any bank or trust company issuing policies of insurance...
§ 931. Employee retirement pensions for savings banks and savings societies. - (a) Savings banks and savings societies, subject to the laws...
§ 932. Loans and securities insured by Federal Housing Administrator. - (a) Banks, savings banks, trust companies, building and loan associations...
§ 933. Prize linked savings programs. - (a) For purposes of this section “savings promotion raffle” means...
§ 936. International banking facilities. - The Commissioner may by rule except from the terms “deposit,”...
§ 937. Availability of funds. - (a) Financial institutions that delay availability shall review their policies...
§ 938. Transfer of fiduciary accounts. - (a) For purposes of this section, “fiduciary” shall mean a...
§ 939. Negotiable instruments. - (a) For purposes of this section, “fiduciary” shall have the...
§ 940. Self-analysis privilege for depository institutions and affiliates. - (a) Definitions. — For purposes of this section, the following...
Subchapter II. Bank Revolving Credit
§ 941. Definitions. - As used in this subchapter: (1) “Bank” means any bank...
§ 942. Extension of credit. - Any bank may, subject to any limitations on lending authorities...
§ 943. Periodic interest. - A bank may charge and collect periodic interest under a...
§ 944. Variable rates. - If the agreement governing the revolving credit plan so provides,...
§ 945. Interest charges. - (a) In addition to or in lieu of interest at...
§ 946. Terms for indebtedness. - A bank may, if the agreement governing a revolving credit...
§ 947. Overdraft accounts. - If credit under a revolving credit plan is offered and...
§ 948. Omitted installments. - A bank may at any time and from time to...
§ 949. Insurance. - (a) A bank may request but not require an individual...
§ 950. Delinquent installments. - (a) If the agreement governing a revolving credit plan so...
§ 951. Attorney's fees; costs. - In the event a borrower defaults under the terms of...
§ 952. Amendment of agreement. - (a) Unless the agreement governing a revolving credit plan otherwise...
§ 953. Application of other state laws. - Any other law of this State limiting the rate or...
§ 954. Nonexclusivity; captions. - (a) The provisions of this subchapter are not exclusive and...
§ 955. Materiality of terms. - All terms, conditions and other provisions of and relating to...
§ 956. Governing law. - A revolving credit plan between a bank and an individual...
Subchapter III. Bank Closed End Credit
§ 961. Definitions. - As used in this subchapter: (1) “Bank,” “borrower” and “individual...
§ 962. Extension of credit. - Any bank may, subject to any limitations on lending authority...
§ 963. Periodic interest. - A bank may charge and collect periodic interest in respect...
§ 964. Variable rates. - If the agreement governing, or the bond, note or other...
§ 965. Interest charges. - In addition to or in lieu of periodic interest at...
§ 966. Deferred installments. - A bank may at any time or from time to...
§ 967. Insurance. - (a) A bank may request but not require an individual...
§ 968. Delinquent installments. - If the agreement governing a loan so provides, a bank...
§ 969. Prepayment. - (a) An individual borrower may prepay a loan in full...
§ 970. Refinancing. - (a) An individual borrower may, with the consent of the...
§ 971. Attorney's fees; costs. - In the event an individual borrower defaults under the terms...
§ 972. Loans to other than individual borrowers. - This subchapter shall not be deemed to prohibit a bank,...
§ 973. Application of other state laws. - Any other law of this State limiting the rate or...
§ 974. Nonexclusivity; captions. - (a) The provisions of this subchapter are not exclusive and...
§ 975. Materiality of terms. - All terms, conditions and other provisions of and relating to...
§ 976. Governing law. - The agreement governing, or the bond, note or other evidence...
§ 977. Commissioner's regulations. - The State Bank Commissioner may prescribe regulations to carry out...
§ 978. Short-term consumer loans. - (a) In addition to such other limitations and requirements as...