Notes on 12 U.S.C. § 4 : US Code - Notes

Search Notes on 12 U.S.C. § 4 : US Code - Notes

(R.S. Sec. 327; Mar. 4, 1923, ch. 252, Sec. 209(b), 42 Stat. 1467;
Pub. L. 86-251, Sec. 1(a), Sept. 9, 1959, 73 Stat. 487; Pub. L. 92-
310, title II, Sec. 223(b), June 6, 1972, 86 Stat. 206.)
CODIFICATION
R.S. Sec. 327 derived from act June 3, 1864, ch. 106, Sec. 1, 13
Stat. 99, which was the National Bank Act. See section 38 of this
title.
R.S. Sec. 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 was omitted from this section on
authority of act Mar. 4, 1923, Sec. 209(b), fourth sentence, which
was classified to section 9a of this title and regulated the
salaries of deputy comptrollers.
AMENDMENTS
1972 - Pub. L. 92-310 struck out provisions which required each
Deputy Comptroller to give a bond in the sum of $100,000.
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 Comptroller of the
Currency, referred to in this section, not included in transfer of
functions to Secretary of the Treasury, see note set out under
section 1 of this title.