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National Banks

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

National banks are, and are not, foreign corporations. They are incorporated and exist under acts of congress and are agencies of the federal government, domesticated in the state.

192 Mich. 640.

NATIONAL CORPORATIONS (sometimes called "federal corporations"). Those incorporated under acts of congress.