§ 248–1. Rules and regulations for transfer of funds and charges therefor among banks; clearing houses
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/usc/title-12/section-248-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Board of Governors of the Federal Reserve System shall make and promulgate from time to time regulations governing the transfer of funds and charges therefor among Federal reserve banks and their branches, and may at its discretion exercise the functions of a clearing house for such Federal reserve banks, or may designate a Federal reserve bank to exercise such functions, and may also require each such bank to exercise the functions of a clearing house for depository institutions. ( Dec. 23, 1913, ch. 6, § 16 (par.), 38 Stat. 268 ; Aug. 23, 1935, ch. 614, § 203(a) , 49 Stat. 704 ; Pub. L. 96–221, title I, § 105(d) , Mar. 31, 1980 , 94 Stat. 140 .)
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- NoticesBoard of Governors of the Federal Reserve System
- NoticesBoard of Governors of the Federal Reserve System
- Rules and RegulationsBoard of Governors of the Federal Reserve System
- NoticesBoard of Governors of the Federal Reserve System
- NoticesFEDERAL RESERVE SYSTEM
- NoticesFEDERAL RESERVE SYSTEM
- NoticesBoard of Governors of the Federal Reserve System
- NoticesBoard of Governors of the Federal Reserve System
- NoticesBoard of Governors of the Federal Reserve System
- NoticesNotice of proposed rulemaking; request for public comment
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U.S. Code
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- 38 Stat. 268
- 49 Stat. 704
- Pub. L. 96-221
- 94 Stat. 140
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§ 248–1
Rules and regulations for transfer of funds and charges therefor among banks; clearing houses
Fed. Reg.×10
Stat.38 Stat. 268
Stat.49 Stat. 704
Pub. L.Pub. L. 96-221
Stat.94 Stat. 140
Cites 5Cited by 10 across 1 source