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" actually paid in. But the discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually owned by the person negotiating the same shall not be considered as money borrowed.... "
Report of the Corporation Commission for the Biennial Period - Side 49
av North Carolina. Corporation Commission - 1907
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Acts of the State of Ohio, Volum 99

Ohio - 1908 - 712 sider
...of the paid-up capital and surplus of such corporation. But the discount of bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person, company, corporation or firm negotiating the same shall not be considered as money borrowed. SECTION...
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Documentary Source Book of American History, 1606-1898, Volum 10

William MacDonald - 1908 - 648 sider
...such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered as money borrowed. SEC....
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Annual Report [etc.] on State Banks, Mutual Savings Banks and ..., Utgave 13

Wisconsin. Banking Dept - 1908 - 606 sider
...time exceed thirty per cent. of the amount of capital and surplus of such bank ; but the discounting of bills of exchange drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by the person negotiating the same, shall...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1959 - 732 sider
...of exchange drawn in good faith against actually existing values; (2) to obligations arising out of the discount of commercial or business paper actually owned by the person negotiating the same; (3) to the liability of a customer on account of an acceptance made by the Corporation for his account...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1972 - 762 sider
...limitation of 10 per centum shall be subject to the following exceptions:] (2) Obligations arising out of the discount of commercial or business paper actually owned by the person, copartnershlp, association,or corporation negotiating the same shall not be subject under this section...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1967 - 798 sider
...limitation of 10 per centum shaU be subject to the following exceptIons:¿ (2) OblIgations arising out of the discount of commercial or business paper actually owned by the person, copartnersbtp, assoclatlon.or corporation negotiating the same shall not be subject under this section...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1979 - 1462 sider
...this section to any limitation based upon such capital and surplus. (2) Obligations arising out of the discount of commercial or business paper actually owned by the person, copartnership, association, or corporation negotiating the same shall not be subject under this section...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1975 - 828 sider
...limitation of 10 per centum shall be subject to the following exceptions:) (2) Obligations arising out of the discount of commercial or business paper actually owned by the person, copartnership, association, or corporation negotiating the same shall not be subject under this section...
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Committee Prints

United States. Congress. Senate. Committee on Rules and Administration - 1952 - 892 sider
...to a sum not in excess of 50 per cent of the capital and surplus of such bank. (3) The discounting of bills of exchange drawn in good faith against actually existing values and the discounting of commercial or business paper actually owned by the person negotiating the same shall...
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Hearings on S. Res. 301: Hearings Before a Select Committee to ..., Deler 1-2

United States. Congress. Senate. Select Committee to Study Censure Charges - 1954 - 1082 sider
...limitation of thjrfty per cent in addition to the limitation hereinbefore stated, and the discounting of bills of exchange drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by the person negotiating the same, shall...
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