NAME AND LOCATION
ht Sy
ITH the consent of the Comptroller, and by the vote of the
V . shareholders owning two-thirds of the stock, a national bank
may change its name or may change its location to any other locality
in the same state not more than thirty miles distant.
Due notice of the meeting at which the proposal to change a bank’s
name or location is to come up, must be given to the stockholders.
The resolution adopting the proposal by a two-thirds vote and
authorizing the Treasurer of the United States to assign to the bank
under its new title any bonds held to secure circulation, must be
sent to the Comptroller. An order for plates and circulation to con-
form to the new title should, of course, be submitted at the same
time.
No change of name or location is valid until the Comptroller's
certificate of approval is issued, and a change of name does not in
any way affect the liabilities or rights of the bank as they existed
under the old name.
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