§ 322. Determination on application

231 words·~1 min read·/usc/title-12/section-322

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In acting upon such applications the Board of Governors of the Federal Reserve System shall consider the financial condition of the applying bank, the general character of its management, and whether or not the corporate powers exercised are consistent with the purposes of this chapter.

(Dec. 23, 1913, ch. 6, § 9 (par.), as added June 21, 1917, ch. 32, § 3, 40 Stat. 233; amended Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)

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statute-compilations

Sec. 9
state banks as members

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U.S. Code

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Dec. 23, 1913, ch. 6, § 9
June 21, 1917, ch. 32, § 3
40 Stat. 233
Aug. 23, 1935, ch. 614
49 Stat. 704
act Dec. 23, 1913, ch. 6
38 Stat. 251
40 Stat. 232
44 Stat. 1229
64 Stat. 458

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cites case law

§ 322

Determination on application

Fed. Reg.×3

Stat. Comp.×1

U.S.C.§ 226

U.S.C.§ 321

ActDec. 23, 1913, ch. 6, § 9

ActJune 21, 1917, ch. 32, § 3

Stat.40 Stat. 233

ActAug. 23, 1935, ch. 614

Stat.49 Stat. 704

Cites 12 · showing 7Cited by 4 across 2 sources