---
kind: "section"
citation: "12 U.S.C. § 54"
title: "12"
title_heading: "Banks and Banking"
number: "54"
heading: "Repealed. Pub. L. 86–230, § 5, Sept. 8, 1959, 73 Stat. 457"
status: "repealed"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/54"
units:
  - "Chapter 2 — National Banks"
  - "Subchapter II — Capital, Stock, and Stockholders"
---

# [§54. Repealed. Pub. L. 86–230, § 5, Sept. 8, 1959, 73 Stat. 457 — repealed]



## Notes

Section, R.S. § 5141, related to failure to pay installments, remedy and effect if reduction of capital resulted.