12 U.S.C. § 376

Rate of interest paid to directors, etc.

United States · Title 12 — BANKS AND BANKING · Status: effective

Cite this

Citation: 12 U.S.C. § 376, Rate of interest paid to directors, etc, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437357
Permanent ID: ys:prov:437357@1
SHA-256: 3de7c6843fb0788820680cdc83986aa3ae3e394aafbf55457c65ad16570b897f

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Full text

No member bank shall pay to any director, officer, attorney, or employee a greater rate of interest on the deposits of such director, officer, attorney, or employee than that paid to other depositors on similar deposits with such member bank.

Legislative history

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