Section 8. Billholders of insolvent bank, preferred creditors

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Billholders of insolvent bank, preferred creditors

In case of the insolvency of any bank or banking association, the billholders thereof shall be entitled to preference in payment, over all other creditors of such bank or association.

Preference of billholders

In case of the insolvency of any bank or banking association, the billholders thereof shall be entitled to preference in payment, over all other creditors of such bank or association.

Redlined Comparison between 1847 and 1939 Amendment (includes interim changes)

Removed from 1847 Added to 1939

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