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12 U.S.C. § 42 — Territorial application

submitted 67 years ago by Pub. L. 86-230 to r/title-12-BANKS-AND-BANKING · 36 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law extends federal national-bank laws beyond the states. They apply in the states, Washington D.C., U.S. territories and possessions, and Puerto Rico.

All Acts of Congress relating to national banks apply not only in the several states, but also in the District of Columbia, in every U.S. territory and possession, and in the Commonwealth of Puerto Rico.
the actual law source: uscode.house.gov ↗public domain

The provisions of all Acts of Congress relating to national banks shall apply in the several States, the District of Columbia, the several Territories and possessions of the United States, and the Commonwealth of Puerto Rico.

Source credit: (Pub. L. 86–230, § 14, Sept. 8, 1959, 73 Stat. 458.)

history & why it existsrecord from the source credit
  • 1959Enacted · Pub. L. 86-230 · 73 Stat. 458

A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-230 on 1959-09-08.

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