TITLE 50.-WAR AND NATIONAL DEFENSE, APPENDIX-Continued Use of Public Lands for War Purposes. Miscellaneous Provisions Affecting Military Establishment. Photographing, Mapping or Other Representation of Military or Defense Properties. Exemption of Certain Articles From Import Duties and Taxes. Temporary Appointments, Promotions, etc., of Navy, Marine Corps, and Coast Guard Officers. Jurisdiction of Prizes. Certain Allowance Assistance for Civilian and Military Personnel. Free Entry of Gifts From Members of Armed Forces. Free Postage for Armed Forces Personnel. Emergency Price Control Act of 1942. Stabilization Act of 1942. Extension of Sugar Controls. Missing Persons Act. Small Business Mobilization Act. War and Defense Contract Acts. National Emergency and War Shipping Acts. Training of Nurses Through Grants to Institutions. War Labor Disputes Act. Voluntary Enlistments in the Regular Military Establishment. Women's Army Corps. United Nations Relief and Rehabilitation Administration. Temporary Appointments of Army Nurse Corps Disposal of Materials on Public Lands. War Mobilization and Reconversion Act of 1944. Fleet Admiral of the Navy and General of the Army. Disbursing Officers' Additional Functions. Admiral in the Coast Guard. Exception of Navy or Coast Guard Vessels From Sale of Surplus War-Built Vessels. Return and Interment of Persons Buried Outside Veterans' Emergency Housing Program. Naval Vessels as Atomic Targets. Admission of Alien Fiancées Into United States. Military Assistance to Philippine Republic. Naval Aid to China. Naval Aid to Foreign Nations. Housing and Rent Acts. Stabilization of Economy and Commodity Prices. Disposal of Government-Owned Rubber-Producing Displaced Persons, Refugees and Orphans. Export Controls. Alien Property Damage Claims. Domestic Minerals Program Extension. Domestic Tungsten, Asbestos, Fluorspar and Columbium-Tantalum Purchase Programs. Dependents Assistance Act of 1950. Civil Defense. Emergency Food Aid to India. World War II License Agreements. Taxation.... TITLE 12.-BANKS AND BANKING 4. 531 Federal Reserve notes unfit for circulation, the chief officer of which bureau shall be called the Comptroller of the Currency, and shall perform his duties under the general directions of the Secretary of the Treasury. (R.S. § 324; Dec. 23, 1913, ch. 6, § 10, 38 Stat. 261; June 3, 1922, ch. 205, 42 Stat. 621; Aug. 23, 1935, ch. 614, § 203 (a), 49 Stat. 704; May 20, 1966, Pub. L. 89-427, § 1, 80 Stat. 161.) DERIVATION; NATIONAL BANK ACT Section derived from act June 3, 1864, ch. 106, § 1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title. CODIFICATION Section is comprised of R. S. § 324, as amended by the eighth paragraph of act Dec. 23, 1913, § 10. AMENDMENTS 1966-Pub. L. 89-427 excepted the cancellation and destruction, and accounting with respect to the cancellation and destruction, of Federal Reserve notes unfit for circulation from the area of general supervision exercised by the Bureau of the Comptroller of the Currency, under the general supervision of the Board of Governors of the Federal Reserve System, over the issue and regulation of the national currency secured by United States bonds. CHANGE OF NAME Act Aug. 23, 1935, changed the name of the Federal Reserve Board to Board of Governors of the Federal Reserve System. See note under section 241 of this title. EMERGENCY PREPAREDNESS FUNCTIONS For assignment of certain emergency preparedness functions to the Comptroller of Currency, see Parts 1, 17, and 30 of Ex. Ord. No. 11490, Oct. 28, 1969, 34 F.R. 17567, set out as a note under section 2292 of Title 50, Appendix, War and National Defense. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. § 2. Comptroller of the Currency; appointment; term. The Comptroller of the Currency shall be appointed by the President, by and with the advice and consent of the Senate, and shall hold his office for a term of five years unless sooner removed by the President, upon reasons to be communicated by him to the Senate. (R. S. § 325; Aug. 23, 1935, ch. 614, § 209, 49 Stat. 707.) DERIVATION; NATIONAL BANK ACT Section derived from act June 3, 1864, ch. 106, § 1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title. CODIFICATION Provisions of this section which prescribed the annual basic compensation of the Comptroller of the Currency were omitted to conform to the provisions of the Federal Executive Salary Schedule. See section 5311 et seq. of Title 5, Government Organization and Employees. AMENDMENTS 1935-Act Aug. 23, 1935, omitted "on the recommendation of the Secretary of the Treasury" following "President", where first appearing, and changed the salary from "$5,000 a year" to "$15,000 a year." REPEALS Act Oct. 15, 1949, ch. 695, § 4, 63 Stat. 880, formerly cited to text, was repealed by Pub. L. 89–554, § 8(a), Sept. 6, 1966, 80 Stat. 655. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. COMPENSATION OF COMPTROLLER OF CURRENCY Compensation of Comptroller, see section 5314 of Title 5, Government Organization and Employees. CROSS REFERENCES Appointing power, see Const. art. 2, § 2, cl. 2. § 3. Oath and bond of Comptroller. The Comptroller of the Currency shall, within fifteen days from the time of notice of his appointment, take and subscribe the oath of office; and he shall give to the United States a bond in the penalty of $250,000, with not less than two responsible sureties, to be approved by the Secretary of the Treasury, conditioned for the faithful discharge of the duties of his office. (R.S. § 326; Sept. 9, 1959, Pub. L. 86-251, § 1(d), 73 Stat. 488.) DERIVATION; NATIONAL BANK ACT Section derived from act June 3, 1864, ch. 106, § 1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title. AMENDMENTS 1959-Pub. L. 86-251 increased the surety bond requirement from $100,000 to $250,000. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. CROSS REFERENCES Oath of office, see Const. art. 6, cl. 3; section 3331 of Title 5, Government Organization and Employees. § 4. Deputy Comptrollers. The Secretary of the Treasury shall appoint no more than four Deputy Comptrollers of the Currency, one of whom shall be designated First Deputy Comptroller of the Currency, and shall fix their salaries. Each Deputy Comptroller shall take the oath of office and give the United States a surety bond in the penalty of $100,000, to be approved by the Secretary of the Treasury, conditioned for the faithful discharge of the duties of his office, and shall perform such duties as the Comptroller shall direct. During a vacancy in the office or during the absence or disability of the Comptroller, each Deputy Comptroller shall possess the power and perform the duties attached by law to the office of the Comptroller under such order of succession following the First Deputy Comptroller as the Comptroller shall direct. (R.S. § 327; Mar. 4, 1923, ch. 252, § 209(b), 42 Stat. 1467; Sept. 9, 1959, Pub. L. 86-251, § 1(a), 73 Stat. 487.) DERIVATION; NATIONAL BANK ACT Section derived from act June 3, 1864, ch. 106, § 1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title. CODIFICATION R. S. § 327, contained after the word "Secretary" the following "who shall be entitled to a salary of two thousand five hundred dollars a year, and" which has been omitted from this section on authority of act Mar. 4, 1923, § 209 (b), fourth sentence, which was classified to former section 9a of this title and regulated the salaries of deputy comptrollers. AMENDMENTS 1959-Pub. L. 86-251 provided for the appointment of four Deputy Comptrollers instead of one, the designation of one as the First Deputy, the fixing of salaries, increase in surety bond requirement from $50,000 to $100,000 and order of succession. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. CROSS REFERENCES Oath of office, see Const. art. 6, cl. 3; section 3331 of Title 5, Government Organization and Employees. SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in section 9 of this title. §§ 5, 6. Repealed. Pub. L. 86-251, §1 (b), (c)(1), Sept. 9, 1959, 73 Stat. 487, 488. Section 5, act Mar. 4, 1909, ch. 297, § 1, 35 Stat. 867, related to appointment, succession in office and penal bond of assistant deputy comptroller and is now covered by section 4 of this title. Section 6, act Mar. 4, 1923, ch. 252, title II, § 209 (b) (pt.), 42 Stat. 1467, related to appointment, oath of office, penal bond, assigned duties and administration of national agricultural credit corporation provisions of third Deputy Comptroller and is now covered by section 4 of this title. § 7. Chief of examining division. The Comptroller of the Currency may designate a national bank examiner to act as chief of the examining division in his office. (Jan. 3, 1923, ch. 22, 42 Stat. 1096.) CODIFICATION Section is based on Treasury Department Appropriation Act, 1924, act Jan. 3, 1923. SIMILAR PROVISIONS Similar provisions were contained in act Feb. 17, 1922, ch. 55, 42 Stat. 375, and in earlier appropriation acts. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. § 8. Clerks. The Comptroller of the Currency shall employ, from time to time, the necessary clerks, to be ap pointed and classified by the Secretary of the Treasury, to discharge such duties as the comptroller shall direct. (R. S. § 328.) DERIVATION; NATIONAL BANK ACT Section derived from act June 3, 1864, ch. 106, § 1, 13 Stat. 100, which was the National Bank Act. See section 38 of this title. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. CROSS REFERENCES Classification of civilian employees, see section 5101 et seq. of Title 5, Government Organization and Employees. § 9. Additional examiners, clerks, and other employees. The Comptroller of the Currency is authorized to employ such additional examiners, clerks, and other employees as he deems necessary to carry out the provisions of sections 4, 6, 9 to 10, 1151 to 1318, and 1322 of this title and to assign to duty in the office of his bureau in Washington such examiners and assistant examiners as he shall deem necessary to assist in the performance of the work of that bureau. (Mar. 4, 1923, ch. 252, title II, § 209 (b), 42 Stat. 1467.) REFERENCES IN TEXT Section 6, referred to in the text, was repealed by Pub. L. 86-251. § 1(c) (1), Sept. 9, 1959, 73 Stat. 488. Section 98, included within the reference to sections 9 to 10 of this title, was repealed by Pub. L. 89-554, § 8(a), Sept. 6, 1966, 80 Stat. 645. Sections 1151, 1161-1163, 1171, 1181, 1182, 1191, 1201, 1202, 1211-1215, 1221–1223, 1231, 1232, 1241–1244, 1246, 1247, 1249, 1251, 1261, 1271, 1281-1283, 1291-1293, 13011303, and 1322 of this title, included within the reference to sections 1151-1318, and 1322 of this title, were repealed by Pub. L. 86-230, § 24, Sept. 8, 1959, 73 Stat. 466. Sections 1245, 1248, and 1311-1318, included in the enumeration of sections 1151-1318 of this title, referred to in the text, were repealed by act June 25, 1948, ch. 645, § 21, 62 Stat. 862, eff. Sept. 1, 1948. Section 1322 of this title, referred to in text, was repealed by Pub. L. 86-230, § 24, Sept. 8, 1959, 73 Stat. 466. CODIFICATION Section is comprised of subsec. (b), third sentence, of section 209 of act Mar. 4, 1923. For classification to this title of other provisions of section 209, see Distribution Tables. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. § 9a. Repealed. Pub. L. 89-554, § 8(a), Sept. 6, 1966, 80 Stat. 645. Section, act Mar. 4, 1923, ch. 252, title II, § 209 (b), 42 Stat. 1467, authorized the Comptroller to fix in advance the pay of deputy comptrollers, examiners, clerks, and certain other employees. § 10. Salaries of Deputy Comptrollers, examiners, and other employees as part of bank examination expenses. 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 sections 481 to 485 of this title. (Mar. 4, 1923, ch. 252, title II, § 209 (b), 42 Stat. 1467; Sept. 9, 1959, Pub. L. 86–251, § 1 (c) (2), 73 Stat. 488.) CODIFICATION Section is comprised of subsec. (b), fifth sentence, of section 209 of act Mar. 4, 1923. For classification to this title of other provisions of section 209, see Distribution Tables. AMENDMENTS 1959-Pub. L. 86-251 included all Deputy Comptrollers instead of only two deputy comptrollers and eliminated provisions deeming the salaries of deputy comptroller, examiners, assistant examiners, clerks and other employees as expenses of administration of national agricultural credit corporation provisions and considering the salary of the additional deputy comptroller as partly an expense of administration in proportion to time spent in such administration. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. SECTION REFERRED TO IN OTHER SECTIONS § 11. Interest in national banks. It shall not be lawful for the Comptroller or the Deputy Comptroller of the Currency, either directly or indirectly, to be interested in any association issuing national currency under the laws of the United States. (R. S. § 329.) DERIVATION; NATIONAL BANK ACT Section derived from act June 3, 1864, ch. 106, § 1, 13 Stat. 99, which was the National Bank Act. See section 38 of this title. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. CROSS REFERENCES Disqualification of former officers in matters connected with former duties, or official responsibilities, see section 207 of Title 18, Crimes and Criminal Procedure. § 12. Seal of Comptroller. The seal devised by the Comptroller of the Currency for his office, and approved by the Secretary of the Treasury, shall continue to be the seal of office of the comptroller, and may be renewed when necessary. A description of the seal, with an impression thereof, and a certificate of approval by the Secretary of the Treasury, shall be filled in the office of the Secretary of State. (R. S. § 330; Feb. 18, 1875, ch. 80, § 1, 18 Stat. 317.) DERIVATION; NATIONAL BANK ACT Section derived from act June 3, 1864, ch. 106, § 2, 13 Stat. 100, which was the National Bank Act. See section 38 of this title. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organizatiion and Employees. § 13. Rooms for Currency Bureau. There shall be assigned, from time to time, to the Comptroller of the Currency, by the Secretary of the Treasury, suitable rooms in the Treasury Building for conducting the business of the Currency Bureau, containing safe and secure fireproof vaults, in which the Comptroller shall deposit and safely keep all the plates not necessarily in the possession of engravers or printers, and other valuable things belonging to his department; and the comptroller shall from time to time furnish the necessary furniture, stationery, fuel, lights, and other proper conveniences for the transaction of the business of his office. (R. S. § 331.) DERIVATION; NATIONAL BANK ACT Section derived from act June 3, 1864, ch. 106, § 3, 13 Stat. 100, which was the National Bank Act. See section 38 of this title. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. § 14. Report of Comptroller. The Comptroller of the Currency shall make an annual report to Congress. (R. S. § 333; Feb. 18, 1875, ch. 80, § 1, 18 Stat. 317; Aug. 7, 1946, ch. 770, § 1 (39), 60 Stat. 869.) DERIVATION; NATIONAL BANK ACT Section derived from acts June 3, 1864, ch. 106, § 61, 13 Stat. 117, and Feb. 19, 1873, ch. 166, 17 Stat. 466. The act June 3, 1864, was the National Bank Act. See section 38 of this title. AMENDMENTS 1946-Act Aug. 7, 1946, repealed in the opening clause, the requirement that the report to Congress shall be submitted at the commencement of its session, and repealed all provisions prescribing contents of the exhibits in the report. EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by 1950 Reorg. Plan No. 26, § 1, eff. July 31, 1950, 15 F. R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. |