Legislation to Prohibit Banks from Performing Certain Nonbanking Services and from Engaging in the Business of Personal Property Leasing: Hearings Before the Subcommittee on Bank Supervision and Insurance of the Committee on Banking and Currency, House of Representatives, Eighty-eighth Congress, Second Session, on H.R. 9548 ... and H.R. 9822 ... February 25 and 26, 1964U.S. Government Printing Office, 1964 - 154 sivua |
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accounting service activities agent American Bankers Association ASTA authority automated BALSER Bank of America bank service corporations Bank Supervision bank's Banking and Currency banking business banks from engaging banks from performing BOLTON bookkeeping business of banking certified public accountant Chairman checks client commercial banks Committee on Banking competition Comptroller Comptroller's ruling computer services CONGRESS cost courts customers D.C. DEAR data processing depositors direct leasing employees equipment leasing evidence of debt February 24 Federal Reserve System financing HALPERN House of Representatives industry interest Internal Revenue Service leasing business leasing companies legislation lending lessee lessor limited loan March 18 McCoy ment MULTER National Bank Act nonbanking services offer operation personal property leasing powers president problems prohibit banks public accountant purchase question real estate record regulation statement statutes Subcommittee on Bank Supervision and Insurance SYER TALCOTT tion transactions travel agency trucks ultra vires Washington ZISES
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Sivu 119 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on personal security; and by obtaining, issuing and circulating notes according to the provisions of this Title.
Sivu 95 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of...
Sivu 5 - ... from engaging in any activity other than the performance of bank services for banks.
Sivu 114 - Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by such association, or shall purchase to secure debts due to said association.
Sivu 118 - It is, in fact, necessary to the business of banking to recognize that the leasing by the bank of personal property acquired upon the specific request of and for the use of its customer, and the incurring of such additional obligations as may be incident to becoming an owner of personal property and the lessor thereof, is a lawful exercise of the powers of a national bank and necessary to the business of banking.
Sivu 1 - Management policy in this area is presently reinforced by various regulations of the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation, and State regulatory authorities.
Sivu 103 - Of equal significance was the recommendation of the Advisory Committee on Banking to the Comptroller of the Currency in 1962.
Sivu 4 - ... the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Comptroller of the Currency, the Federal Home Loan Bank Board, the Federal Savings and Loan Insurance Corporation, or the National Credit Union Administration. (8) The term "National Institute of Building Sciences" means the institute established by section 809 of the Housing and Community Development Act of 1974.
Sivu 118 - The chairman and ranking minority member of the Banking and Currency Committee of the House of Representatives. (3) The chairman and the ranking minority member of the Committee on Veterans' Affairs of the House of Representatives.
Sivu 114 - A national banking association may purchase, hold, and convey real estate for the following purposes, and for no others : First. Such as shall be necessary for its immediate accommodation in the transaction of its business.