§ 323. Stock in Federal reserve banks; method of payment

246 words·~1 min read·/usc/title-12/section-323

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Whenever the Board of Governors of the Federal Reserve System shall permit the applying bank to become a stockholder in the Federal reserve bank of the district its stock subscription shall be payable on call of the Board of Governors of the Federal Reserve System, and stock issued to it shall be held subject to the provisions of this chapter.

(Dec. 23, 1913, ch. 6, § 9 (par.), 38 Stat. 259; June 21, 1917, ch. 32, § 3, 40 Stat. 233; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)

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state banks as members

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U.S. Code

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Dec. 23, 1913, ch. 6, § 9
38 Stat. 259
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

§ 323

Stock in Federal reserve banks; method of payment

Fed. Reg.×2

Stat. Comp.×1

U.S.C.§ 226

U.S.C.§ 321

ActDec. 23, 1913, ch. 6, § 9

Stat.38 Stat. 259

ActJune 21, 1917, ch. 32, § 3

Stat.40 Stat. 233

ActAug. 23, 1935, ch. 614

Cites 13 · showing 7Cited by 3 across 2 sources