Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 3— FEDERAL RESERVE SYSTEM · SUBCHAPTER IX— POWERS AND DUTIES OF FEDERAL RESERVE BANKS · § 350

§ 350. Purchase and sale of debentures and like obligations of intermediate credit banks and agricultural credit corporations

288 words·~1 min read·/usc/title-12/section-350

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

Any Federal reserve bank may also buy and sell debentures and other such obligations issued by a Federal intermediate credit bank or by a national agricultural credit corporation, but only to the same extent as and subject to the same limitations as those upon which it may buy and sell bonds issued under title I of the Federal Farm Loan Act.
(Dec. 23, 1913, ch. 6, § 13A (par.), formerly § 13a, as added Mar. 4, 1923, ch. 252, title IV, § 404, 42 Stat. 1480; renumbered § 13A, Pub. L. 102–242, title I, § 142(e)(1), Dec. 19, 1991, 105 Stat. 2281.)
Connections2 cite this
13 references not yet in our index
  • Dec. 23, 1913, ch. 6, § 13A
  • Mar. 4, 1923, ch. 252
  • 42 Stat. 1480
  • Pub. L. 102–242, title I, § 142(e)(1)
  • 105 Stat. 2281
  • act July 17, 1916, ch. 245
  • 39 Stat. 360
  • Pub. L. 92–181, title V, § 5
  • 85 Stat. 624
  • 42 Stat. 1461
  • Pub. L. 86–230
  • 73 Stat. 466
  • 48 Stat. 292
Citation graph
cites case law
§ 350
Purchase and sale of debentures and like obligations of intermediate credit banks and agricultural credit corporations
Stat. Comp.×1
U.S.C.×1
ActDec. 23, 1913, ch. 6, § 13A
ActMar. 4, 1923, ch. 252
Stat.42 Stat. 1480
Pub. L.Pub. L. 102–242, title I, § 142(e)(1)
Stat.105 Stat. 2281
Cites 13 · showing 5Cited by 2 across 2 sources
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.