PoliticalRepoPoliticalRepo

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.

openUnited States· United States Congress· EN

Introduced

18 May 1982

Last action

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.