Section 30. Acts of directors valid notwithstanding subsequent discovery of disqualification

30. Acts of directors valid notwithstanding subsequent discovery of disqualification. 31. Indemnity of directors. CHAPTER VII. OFFICERS OF THE BANK. 32. Appointment, salaries, suspension and removal of officers. 33. Accounts, receipts and documents of Bank, by whom to be signed. 34. Officers forbidden to engage in other commercial business. 35. Security from officers. CHAPTER VIII. BUSINESS. 36. Business which Banks may transact. 37. Business which Banks may not transact. Overdrawing. 38. Sums payable by or to Government to be payable at Banks. 39. Presentment of promissory notes at Banks. 40. Place of business. 41. Acquisition of business-premises. 42. Establishment of branches and agencies. Proviso. CHAPTER IX. ACCOUNTS AND DIVIDENDS. 43. Books to be balanced twice a year. 44. Dividends to be determined half-yearly. 45. Reserve-fund. 46. Application of reserve fund. 30. All acts done by any person acting in good faith as a director shall be as valid as if he was a director, notwithstanding it be afterwards discovered that there was some defect in his appointment or qualification.