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US Code · Through Public Law 119-103 (09/02/2026)

12 U.S.C. § 66: Personal liability of representatives of stockholders

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Where this section sits in the code
  1. Title 12—BANKS AND BANKING
  2. CHAPTER 2—NATIONAL BANKS

Persons holding stock as executors, administrators, guardians, or trustees, shall not be personally subject to any liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust funds would be, if living and competent to act and hold the stock in his own name.

Collected 2026-09-10T05:56:24Z. Source file · JSON

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