---
kind: "section"
citation: "12 U.S.C. § 78"
title: "12"
title_heading: "Banks and Banking"
number: "78"
heading: "Repealed. Pub. L. 106–102, title I, § 101(b), Nov. 12, 1999, 113 Stat. 1341"
status: "repealed"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/78"
units:
  - "Chapter 2 — National Banks"
  - "Subchapter III — Directors"
---

# [§78. Repealed. Pub. L. 106–102, title I, § 101(b), Nov. 12, 1999, 113 Stat. 1341 — repealed]



## Notes

Section, acts June 16, 1933, ch. 89, § 32, 48 Stat. 194; Aug. 23, 1935, ch. 614, § 307, 49 Stat. 709, related to certain persons excluded from serving as officers, directors, or employees of member banks.

### Statutory Notes and Related Subsidiaries

### Effective Date of Repeal

Repeal effective 120 days after Nov. 12, 1999, see section 161 of Pub. L. 106–102, set out as an Effective Date of 1999 Amendment note under section 24 of this title.