12 U.S.C. § 1403 : US Code - Section 1403: Minimum paid-in capital stock required to warrant loans
Search 12 U.S.C. § 1403 : US Code - Section 1403: Minimum paid-in capital stock required to warrant loans
No loan or advance shall be made to any individual upon the
capital stock of or to create or increase the capital stock of any
corporation, unless the paid-in capital stock of such corporation
shall be at least $10,000.
« Prev
Limitations on loans; financial structure of corporation, approval
Up
Local agricultural-credit corporations, livestock-loan companies and like organizations; loans to individuals to aid in formation or to increase capital stock
Next »
Authorization of appropriations; revolving fund