# 12 U.S.C. § 613: Signing of articles of association; forwarding to and filing by Board of Governors of the Federal Reserve System; organization certificate; contents

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t12_s613

## Section

- **Citation:** 12 U.S.C. § 613
- **Heading:** Signing of articles of association; forwarding to and filing by Board of Governors of the Federal Reserve System; organization certificate; contents
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** July 23, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—BANKS AND BANKING > CHAPTER 6—FOREIGN BANKING > SUBCHAPTER II—ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING

## Text

Articles of association described in section 612 of this title shall be signed by all of the persons intending to participate in the organization of the corporation and, thereafter, shall be forwarded to the Board of Governors of the Federal Reserve System and shall be filed and preserved in its office. The persons signing the said articles of association shall, under their hands, make an organization certificate which shall specifically state:

First. The name assumed by such corporation, which shall be subject to the approval of the Board of Governors of the Federal Reserve System.

Second. The place or places where its operations are to be carried on.

Third. The place in the United States where its home office is to be located.

Fourth. The amount of its capital stock and the number of shares into which the same shall be divided.

Fifth. The names and places of business or residence of the persons executing the certificate and the number of shares to which each has subscribed.

Sixth. The fact that the certificate is made to enable the persons subscribing the same, and all other persons, firms, companies, and corporations, who or which may thereafter subscribe to or purchase shares of the capital stock of such corporation, to avail themselves of the advantages of this subchapter.

( Dec. 23, 1913, ch. 6, § 25A (pars.), formerly § 25(a), as added Dec. 24, 1919, ch. 18 , 41 Stat. 378 ; amended Aug. 23, 1935, ch. 614 , title II, § 203(a), 49 Stat. 704 ; renumbered § 25A, Pub. L. 102–242, title I, § 142(e)(2) , Dec. 19, 1991 , 105 Stat. 2281 .)

## Nearby sections

- [12 U.S.C. § 601 Authorization; conditions and regulations](https://www.frixlaw.com/law-library/statutes/usc_t12_s601.md)
- [12 U.S.C. § 602 Reports and examinations](https://www.frixlaw.com/law-library/statutes/usc_t12_s602.md)
- [12 U.S.C. § 603 Restrictions imposed by Board of Governors of the Federal Reserve System on banks purchasing stock in corporations doing foreign business](https://www.frixlaw.com/law-library/statutes/usc_t12_s603.md)
- [12 U.S.C. § 604 Accounts of foreign branches; profit and loss](https://www.frixlaw.com/law-library/statutes/usc_t12_s604.md)
- [12 U.S.C. § 604a Regulations authorizing exercise by foreign branches of usual powers of local banks; restrictions](https://www.frixlaw.com/law-library/statutes/usc_t12_s604a.md)
- [12 U.S.C. § 605 Repealed. Aug. 23, 1935, ch. 614 , title III, § 329, 49 Stat. 717](https://www.frixlaw.com/law-library/statutes/usc_t12_s605.md)
- [12 U.S.C. § 611 Formation authorized; fiscal agents; depositaries in insular possessions](https://www.frixlaw.com/law-library/statutes/usc_t12_s611.md)
- [12 U.S.C. § 611a Statement of purposes; rules and regulations](https://www.frixlaw.com/law-library/statutes/usc_t12_s611a.md)
- [12 U.S.C. § 612 Articles of association; contents](https://www.frixlaw.com/law-library/statutes/usc_t12_s612.md)
- [12 U.S.C. § 613 Signing of articles of association; forwarding to and filing by Board of Governors of the Federal Reserve System; organization certificate; contents](https://www.frixlaw.com/law-library/statutes/usc_t12_s613.md)
- [12 U.S.C. § 614 Organization certificate; acknowledgment; forwarding to, filing, and approval by Board of Governors of the Federal Reserve System; permit to do business; body corporate; name; seal; corporate succession; contracts; suits; directors, officers, and employees; bylaws](https://www.frixlaw.com/law-library/statutes/usc_t12_s614.md)
- [12 U.S.C. § 615 Powers of corporation](https://www.frixlaw.com/law-library/statutes/usc_t12_s615.md)
- [12 U.S.C. § 616 Place of carrying on business; when business may be begun](https://www.frixlaw.com/law-library/statutes/usc_t12_s616.md)
- [12 U.S.C. § 617 Engaging in commerce or trade in commodities; price fixing; forfeiture of charter; acts forbidden to directors, officers, agents, or employees](https://www.frixlaw.com/law-library/statutes/usc_t12_s617.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t12_s613. Check the current official text before relying on it. Not legal advice.