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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 3— FEDERAL RESERVE SYSTEM · SUBCHAPTER IX— POWERS AND DUTIES OF FEDERAL RESERVE BANKS · § 353

§ 353. Purchase and sale of cable transfers, acceptances and bills

219 words·~1 min read·/usc/title-12/section-353

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Any Federal reserve bank may, under rules and regulations prescribed by the Board of Governors of the Federal Reserve System, purchase and sell in the open market, at home or abroad, either from or to domestic or foreign banks, firms, corporations, or individuals, cable transfers and bankers’ acceptances and bills of exchange of the kinds and maturities by this chapter made eligible for rediscount, with or without the indorsement of a member bank.
(Dec. 23, 1913, ch. 6, § 14 (par.), 38 Stat. 264; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)
Connections30 cite this · traces to 1
Cited by 30 sections · top 29
Traces to 1 document
6 references not yet in our index
  • Dec. 23, 1913, ch. 6, § 14
  • 38 Stat. 264
  • Aug. 23, 1935, ch. 614
  • 49 Stat. 704
  • act Dec. 23, 1913, ch. 6
  • 38 Stat. 251
Citation graph
cites case law
§ 353
Purchase and sale of cable transfers, acceptances and bills
Fed. Reg.×17
U.S.C.×9
Stat. Comp.×2
Stat.×2
ActDec. 23, 1913, ch. 6, § 14
Stat.38 Stat. 264
ActAug. 23, 1935, ch. 614
Stat.49 Stat. 704
Actact Dec. 23, 1913, ch. 6
Cites 7 · showing 6Cited by 30 across 4 sources
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