nsure 
to 8 
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uring 
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to an 
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ional 
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such 
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(Te | 
APPENDIX 
tock when the market value of the livestock securing the 
bligation is not at any time less than 115 per centum of 
‘he face amount of the notes’ covered by such documents 
‘hall be subject under this section to a limitation of 
‘5 per centum of such capital and surplus in addition to 
Such 10 per centum of such capital and surplus. 
(8) Obligations of any person, copartnership, associa- 
lon, or corporation in the form of notes secured by not 
&ss than a like amount of bonds or notes of the United 
States issued since April 24, 1917, or certificates of in- 
lebtedness of the United States, shall (except to the 
*Xtent, permitted by rules and regulations prescribed by 
he Comptroller of the Currency, with the approval of the 
Secretary of the Treasury) be subject under this section to 
3 limitation of 15 per centum of such capital and surplus 
In addition to such 10 per centum of such capital and 
Surplus, 
RESTRICTION ON NATIONAL BANK'S TOTAL INDEBTEDNESS 
Section 5202, Revised Statutes, as amended by the acts of Decem- 
ber 23, 1913; September 7, 1916; April 5, 1918; October 22, 1919; 
and February 25, 1927 
Sec. 5202. No national banking association shall at 
Any time be indebted, or in any way liable, to an amount 
*xceeding the amount of its capital stock at such time 
Actually paid in and remaining undiminished by losses 
Or otherwise, except on account of demands of the nature 
following : 
First. Notes of circulation. 
Second. Moneys deposited with or collected by the 
issociation. 
Third. Bills of exchange or drafts drawn against 
Money actually on deposit to the credit of the association, 
7 due thereto. 
Fourth. Liabilities to the stockholders of the associa~ 
flon for dividends and reserve profits. 
Fifth. Liabilities incurred under the provisions of the 
Federal Reserve Act. 
Sixth. Liabilities incurred under the provisions of the 
War Finance Corporation Act. 
Seventh. Liabilities created by the indorsement of 
accepted bills of exchange payable abroad actually 
Owned by the indorsing bank and discounted at home 
Or abroad. 
R53