Loans by bank on its own stock
United States Code
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How this statute sits in the citation network, derived from CiteLaw's graph of published opinions.
★Highly CitedTop 4% most-cited · cited by 47 decisions
47
Citing decisions
6+
Courts citing
Citations by decade
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Courts citing this statute
Most recently cited by10
- 2026Toliver v. US Bank National Ariz. Ct. App.
- 2025Wandrie v. Planet Home Lending, LLC E.D. Mich.
- 2025National Association of Industrial Bankers v. Weiser 10th Cir.
- 2025Clinton Hiler v. U.S. Bank Alaska
- 2025ROACH v. CREDIT ACCEPTANCE CORPORATION E.D. Pa.
- 2024McKay v. RBM Partners LLC E.D. Mo.
- 2024Algee v. BA Credit Card Funding, LLC S.D. Ill.
- 2024Nelson v. Capital One Bank (USA), N.A. D. Maryland
- 2023Rhodes v. Sterling Mccall Nissan S.D. Tex.
- 2013Trazell v. Wilmers D.D.C.
Counts reflect decisions in the CiteLaw corpus and may lag very recent opinions.
Text
No national bank shall make any loan or discount on the security of the shares of its own capital stock. For purposes of this section, a national bank shall not be deemed to be making a loan or discount on the security of the shares of its own capital stock if it acquires the stock to prevent loss upon a debt previously contracted for in good faith. (Source: (R.S. § 5201; Pub. L. 106–569, title XII, § 1207(a), Dec. 27, 2000, 114 Stat. 3034.))