§ 356. Purchase of commercial paper from member banks and sale of same

77 words·~1 min read·/usc/title-12/section-356

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

Every Federal reserve bank shall have power to purchase from member banks and to sell, with or without its indorsement, bills of exchange arising out of commercial transactions, as hereinbefore defined.

(Dec. 23, 1913, ch. 6, § 14(c), 38 Stat. 264.)

Connections1 cite this · traces to 1

Cited by 1 section

statute-compilations

Sec. 14
open-market operations

Traces to 1 document

U.S. Code

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

2 references not yet in our index

Dec. 23, 1913, ch. 6, § 14(c)
38 Stat. 264

Citation graph

cites case law

§ 356

Purchase of commercial paper from member banks and sale of same

Stat. Comp.×1

U.S.C.§ 353

ActDec. 23, 1913, ch. 6, § 14(c)

Stat.38 Stat. 264

Cites 3Cited by 1 across 1 source