12 USC § 11 - Interest in national banks

---
identifier: "/us/usc/t12/s11"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 11 - Interest in national banks"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "11"
section_name: "Interest in national banks"
chapter_number: 1
chapter_name: "THE COMPTROLLER OF THE CURRENCY"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(R.S. § 329; Pub. L. 106–569, title XII, § 1233(b), Dec. 27, 2000, 114 Stat. 3037; Pub. L. 111–203, title III, § 314(c), July 21, 2010, 124 Stat. 1524.)"
---


# § 11. Interest in national banks

It shall not be lawful for the Comptroller or the Deputy Comptroller of the Currency, either directly or indirectly, to hold an interest in any national bank or any Federal savings association.

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**Source Credit**: (R.S. § 329; Pub. L. 106–569, title XII, § 1233(b), Dec. 27, 2000, 114 Stat. 3037; Pub. L. 111–203, title III, § 314(c), July 21, 2010, 124 Stat. 1524.)

## Editorial Notes

### Codification

R.S. § 329 derived from , , which was the National Bank Act. See .

### Amendments

2010— inserted “or any Federal savings association” before the period.

2000— substituted “to hold an interest in any national bank” for “to be interested in any association issuing national currency under the laws of the United States”.

## Statutory Notes and Related Subsidiaries

### Effective Date of 2010 Amendment

Amendment by  effective on the transfer date, see , set out as a note under .