12 U.S.C. § 83
Loans by bank on its own stock
United States · Title 12 — BANKS AND BANKING · Status: effective
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- Citation
- 12 U.S.C. § 83, Loans by bank on its own stock, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437132
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Full text
No national bank shall make any loan or discount on the security of the shares of its own capital stock.
For purposes of this section, a national bank shall not be deemed to be making a loan or discount on the security of the shares of its own capital stock if it acquires the stock to prevent loss upon a debt previously contracted for in good faith.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.
- American Homeownership and Economic Opportunity Act of 2000House: no recorded tallySenate: no recorded tally