---
kind: "section"
citation: "12 U.S.C. § 40"
title: "12"
title_heading: "Banks and Banking"
number: "40"
heading: "Virgin Islands; extension of National Bank Act"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/40"
units:
  - "Chapter 2 — National Banks"
  - "Subchapter I — Organization and General Provisions"
---

# §40. Virgin Islands; extension of National Bank Act


The National Bank Act, as amended [[12 U.S.C. 21](/usc/12/21.md) et seq.], and all other Acts of Congress relating to national banks, shall, insofar as not locally inapplicable after July 19, 1932, apply to the Virgin Islands of the United States.


## Source credit

(July 19, 1932, ch. 508, 47 Stat. 703.)

## Notes

### Editorial Notes

### References in Text

The National Bank Act, referred to in text, is act June 3, 1864, ch. 106, 13 Stat. 99, which is classified principally to chapter 2 (§ 21 et seq.) of this title. For complete classification of this Act to the Code, see References in Text note set out under section 38 of this title.