Chapter 175. To amend section 9 of the Federal Reserve Act, as amended
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CHAP. 175.— An Act To amend section 9 of the Federal Reserve Act, as amended. April 17, 1930.[[H. R. 8877](/us/bill/71/hr/8877).][[Public, No. 134](/us/pl/71/134).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Federal Reserve Act, amendment.Vol. 38, p. 259, amended.[U. S. C. p. 286](/us/usc/p286). That the ninth paragraph of section 9 of the Federal Reserve Act (United States Code, title 12, section 328), as amended, be further amended by inserting therein, immediately before the proviso now contained Six months’ notice of withdrawal by member may be waived by Board.Vol. 40. p. 233.therein, the following:
“*Provided*, That the Federal Reserve Board, in its discretion and subject to such conditions as it may prescribe, may waive such six months’ notice in individual cases and may permit any such State bank or trust company to withdraw from membership in a Federal reserve bank prior to the expiration of six months from the date of the written notice of its intention to withdraw.” Approved, April 17, 1930.