Welfare and Pension Plans Investigation: Hearings Before the United States Senate Committee on Labor and Public Welfare, Subcommittee on Welfare and Pension Funds, Eighty-Fourth Congress, First Session, Parts 1-3

Front Cover
 

Contents


Common terms and phrases

Popular passages

Page 220 - For the purposes of this resolution the committee, or any duly authorized subcommittee thereof, is authorized to hold such hearings, to sit and act at such times and places during the sessions, recesses, and adjourned periods of the...
Page 878 - Include, whether or not distributed and whether or not distributable — (B) As part of its gains and losses from sales or exchanges of capital assets held for more than C months, its proportionate share of the gains and losses of the Common Trust Fund from sales or exchanges of capital assets held for more than 6 months.
Page 878 - Is attributable to such share. (d) Computation of common trust fund income. The taxable income of a common trust fund shall be computed in the same manner and on the same basis as in the case of an Individual...
Page 868 - common trust fund" means a fund maintained by a bank (as defined in section 104) — (1) exclusively for the collective investment and reinvestment of moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian...
Page 604 - Do you refuse to testify or to answer the question on the ground that the answer might tend to incriminate you ? Dr.
Page 876 - ... all the rights, franchises, and interests of such State bank so consolidated with a national banking association in and to every species of property, real, personal, and mixed, and choses in action thereto belonging, shall be deemed to be transferred to and vested in...
Page 878 - ... after excluding all Items of gain and loss from sales or exchanges of capital assets, there shall be computed — (A) an ordinary...
Page 876 - ... association on such terms and conditions as may be lawfully agreed upon by a majority of the board of directors of each association or bank proposing to consolidate...
Page 878 - Secretary may by regulations prescribe, and shall include in the return the names and addresses of the individuals who would be entitled to share in the net income if distributed and the amount of the distributive share of each individual. The return shall be sworn to by any one of the partners.
Page 876 - Currency shall be authorized and empowered to grant by special permit to national banks applying therefor, when not in contravention of State or local law, the right to act as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, committee of estates of lunatics, or in any other fiduciary capacity in which State banks, trust companies, or other corporations which come into competition with national banks are permitted to act under the laws of the...

Bibliographic information