12 U.S.C. § 77
Section 77 · Repealed. Pub. L. 89695, title II, 207, Oct. 16, 1966, 80 Stat. 1055
Applied in 3 court decisions — leading case Michelsen v. Penney (1943)
Most recently applied in 363 F. Supp. 2d 917 - Wuliger v. Anstaett (April 2005)
How often courts cite this section
Court decisions citing this, by year.Markers show enactment, consequential amendments, and circuit splits over this section — watch for a citation surge after a change or a disagreement. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Section, act June 16, 1933, ch. 89, 30, 48 Stat. 193, provided authority for removal of directors or officers of national banks, District banks, or State member banks for continued violations of law or for continued unsafe or unsound practices in conducting the business of such banks.