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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 3— FEDERAL RESERVE SYSTEM · SUBCHAPTER III— FEDERAL ADVISORY COUNCIL · § 262

§ 262. Powers

178 words·~1 min read·/usc/title-12/section-262

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Federal Advisory Council shall have power, by itself or through its officers,
(1)to confer directly with the Board of Governors of the Federal Reserve System on general business conditions;
(2)to make oral or written representations concerning matters within the jurisdiction of said board;
(3)to call for information and to make recommendations in regard to discount rates, rediscount business, note issues, reserve conditions in the various districts, the purchase and sale of gold or securities by reserve banks, open-market operations by said banks, and the general affairs of the reserve banking system.
(Dec. 23, 1913, ch. 6, § 12 (par.), 38 Stat. 263; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)
Connections2 cite this · traces to 1
4 references not yet in our index
  • Dec. 23, 1913, ch. 6, § 12
  • 38 Stat. 263
  • Aug. 23, 1935, ch. 614
  • 49 Stat. 704
Citation graph
cites case law
§ 262
Powers
Stat. Comp.×1
U.S.C.×1
ActDec. 23, 1913, ch. 6, § 12
Stat.38 Stat. 263
ActAug. 23, 1935, ch. 614
Stat.49 Stat. 704
Cites 5Cited by 2 across 2 sources
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