{"data":{"id":"us/12-cfr-5.60","jurisdiction":"us","citation":"12 CFR 5.60","heading":"Authority, scope, and exceptions to rules of general applicability.","body":"(a) Authority. 12 U.S.C. 56, 60, and 93a.\n(b) Scope. Except as otherwise provided, the restrictions in this subpart apply to the declaration and payment of all dividends by a national bank, including dividends paid in property. However, the provisions contained in § 5.64 do not apply to dividends paid in stock of the bank.\n(c) Exceptions to the rules of general applicability. Sections 5.8, 5.10, and 5.11 do not apply to this subpart.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 5—RULES, POLICIES, AND PROCEDURES FOR CORPORATE ACTIVITIES","Subpart E—Payment of Dividends by National Banks"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"858c20724388aa64adc40453a8ab5b3510bb475717b19692378e61bba6a631e5","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-5.59","next":"us/12-cfr-5.61"},"notice":"GroundRules: Original legal text. Not legal advice."}