§ 303. Qualifications and disabilities

156 words·~1 min read·/usc/title-12/section-303

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No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal reserve bank.

No director of class B shall be an officer, director, or employee of any bank.

No director of class C shall be an officer, director, employee, or stockholder of any bank.

(Dec. 23, 1913, ch. 6, § 4 (pars.), 38 Stat. 255; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)

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U.S. Code

§ 1464
Federal savings associations

Rules and Regulations
Supplemental notice of proposed rulemaking

statute-compilations

Sec. 4
federal reserve banks

bill

Traces to 1 document

U.S. Code

Powers and duties of board of directors; suspension of member bank for undue use of bank credit
§ 301

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Dec. 23, 1913, ch. 6, § 4
38 Stat. 255
Aug. 23, 1935, ch. 614
49 Stat. 704

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§ 303

Qualifications and disabilities

Bills×6

Stat. Comp.×3

Fed. Reg.×1

U.S.C.×1

U.S.C.§ 301

ActDec. 23, 1913, ch. 6, § 4

Stat.38 Stat. 255

ActAug. 23, 1935, ch. 614

Stat.49 Stat. 704

Cites 5Cited by 11 across 4 sources