United States · Bill · S
S. 2538 (97th)
A bill to amend section 5137 of the Revised Statutes to extend, under certain conditions, the period of time a national bank may hold real estate.
Introduced
18 May 1982
Last action
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Status
Committee on Banking requested executive comment from Comptroller of the Currency.
Sponsors
—
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Permits any national banking association which, on the date of enactment, holds title to an interest in real estate which it carried on its books at a nominal rate on December 31, 1979, to continue to hold such interest for such period as would be permitted a State- chartered bank by the law of the State in which the association is located if the aggregate amount of earnings from such interest is separately disclosed in the association's annual financial statement.
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 18 May 1982
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/senate-bill/2538
- Open data entity: https://api.congress.gov/v3/bill/97/s/2538