12 U.S.C. § 10 — Salaries of Deputy Comptrollers, examiners, and other employees as part of bank examination expenses

submitted 103 years ago by ch. 252 to r/title-12-BANKS-AND-BANKING · 55 words · no verdicts yet

in plain englishAI-generated · not legal advice

The salaries of Deputy Comptrollers and national bank examiners count as examination expenses. This applies to those working in the Washington office. It applies when they supervise national banks.

The salaries of the Deputy Comptrollers count as part of the expenses of bank examinations. The salaries of national bank examiners and assistant examiners also count this way, as long as they are assigned to work in the bureau's Washington office and their work involves supervising national banks. These examination expenses are the ones described in subchapter XV of chapter 3 of this title.

the actual law source: uscode.house.gov ↗public domain

The salaries of the Deputy Comptrollers and of all national bank examiners and assistant examiners assigned to duty in the office of the bureau in Washington in connection with the supervision of national banks shall be considered part of the expenses of the examinations provided for by subchapter XV of chapter 3 of this title.

Source credit: (Mar. 4, 1923, ch. 252, title II, § 209(b), 42 Stat. 1467; Pub. L. 86–251, § 1(c)(2), Sept. 9, 1959, 73 Stat. 488.)

history & why it existsrecord from the source credit

1923Enacted · Act of Mar. 4, 1923, ch. 252 · 42 Stat. 1467
1959Amended · Pub. L. 86-251 · 73 Stat. 488

A history note hasn’t been published yet. The record shows enactment by ch. 252 on 1923-03-04.

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