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12 USC § 54 - Repealed. Pub. L. 86–230, § 5, Sept. 8, 1959, 73 Stat. 457 

---
identifier: "/us/usc/t12/s54"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 54 - Repealed. Pub. L. 86–230, § 5, Sept. 8, 1959, 73 Stat. 457"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "54"
section_name: "Repealed. Pub. L. 86–230, § 5, Sept. 8, 1959, 73 Stat. 457"
chapter_number: 2
chapter_name: "NATIONAL BANKS"
subchapter_number: "II"
subchapter_name: "CAPITAL, STOCK, AND STOCKHOLDERS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
status: "repealed"
---

# § 54. Repealed. Pub. L. 86–230, § 5, Sept. 8, 1959, 73 Stat. 457

Section, R.S. § 5141, related to failure to pay installments, remedy and effect if reduction of capital resulted.