12 USC 1403 - Minimum Paid-in Capital Stock Required to Warrant Loans

No loan or advance shall be made to any individual upon the capital stock of or to create or increase the capital stock of any corporation, unless the paid-in capital stock of such corporation shall be at least $10,000.

(Mar. 3, 1932, ch. 70, §3, 47 Stat. 60.)

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Last modified: October 26, 2015