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12 U.S.C. § 623

Section 623 · Voluntary liquidation

This is § 25a of the Federal Reserve Act of 1913

Amended 3 times on record

Any corporation organized under this subchapter may go into voluntary liquidation and be closed by a vote of its shareholders owning two-thirds of its stock.

Editorial notes U.S. Code · Office of the Law Revision Counsel

References in Text

Any corporation organized under this subchapter, referred to in text, was in the original “Any such corporation”.

Codification

Section is comprised of a part of section 25A, formerly section 25(a), which was added to act Dec. 23, 1913, ch. 6, by act Dec. 24, 1919.

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