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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 3— FEDERAL RESERVE SYSTEM · SUBCHAPTER VI— CAPITAL AND STOCK OF FEDERAL RESERVE BANKS; DIVIDENDS AND EARNINGS · § 283

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§ 283. Public subscription to capital stock

119 words·~1 min read·/usc/title-12/section-283

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No individual, copartnership, or corporation other than a member bank of its district shall be permitted to subscribe for or to hold at any time more than $25,000 par value of stock in any Federal reserve bank. Such stock shall be known as public stock and may be transferred on the books of the Federal reserve bank by the chairman of the board of directors of such bank.

(Dec. 23, 1913, ch. 6, § 2 (par.), 38 Stat. 253.)

Connections2 cite this · traces to 1

Cited by 2 sections

U.S. Code

§ 222
Federal reserve districts; membership of national banks

statute-compilations

Sec. 2
federal reserve districts

Traces to 1 document

U.S. Code

Federal reserve districts; membership of national banks
§ 222

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Dec. 23, 1913, ch. 6, § 2
38 Stat. 253

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§ 283

Public subscription to capital stock

Stat. Comp.×1

U.S.C.×1

ActDec. 23, 1913, ch. 6, § 2

Stat.38 Stat. 253

Cites 3Cited by 2 across 2 sources