Us Code § 544 - to 547. Omitted
Full text of Us Code United States Code § 544 — to 547. Omitted, with citation guidance and answers to common questions.
§ 544. to 547. Omitted
Editorial Notes
Codification
Section 544, R.S. §5215; act Mar. 3, 1883, ch. 121, §1, 22 Stat. 488, related to half-yearly return of circulation.
Section 545, R.S. §5216; act Mar. 3, 1883, ch. 121, §1, 22 Stat. 488, related to penalty for failure to make return.
Section 546, R.S. §5217, related to enforcing tax on circulation.
Section 547, R.S. §5218; act June 10, 1921, ch. 18, §304, 42 Stat. 24, related to refunding excess tax.
Statutory Notes and Related Subsidiaries
Repeals
Effective July 1, 1935, the permanent appropriation provided for in former section 547 of this title was repealed by act June 26, 1934, ch. 756, §2, 48 Stat. 1226, such act authorizing in lieu thereof, an annual appropriation from the general fund of the Treasury.
Redemption of Bonds; Termination of Circulating Notes
In a communication from the Treasury Department dated February 17, 1941, it was stated "The Secretary of the Treasury called for redemption the only outstanding issues of United States bonds bearing the circulation privilege as follows:
"2% Consols. of 1930, as of July 1, 1935,
"2% Panama Canal bonds of 1916–36, and
"2% Panama Canal bonds of 1918–38, as of August 1, 1935.
"The retirement of these issues automatically put an end to National Bank note circulation and the collection of the tax thereon."
SUBCHAPTER III—NATIONAL BANK SHARES
About This Section
12 U.S.C. § 544 is part of Title 12 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 12 U.S.C. § 544. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
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