§ 361. Bills receivable, bills of exchange, acceptances; regulations by Board of Governors

240 words·~1 min read·/usc/title-12/section-361

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The discount and rediscount and the purchase and sale by any Federal reserve bank of any bills receivable and of domestic and foreign bills of exchange, and of acceptances authorized by this chapter, shall be subject to such restrictions, limitations, and regulations as may be imposed by the Board of Governors of the Federal Reserve System.

(Dec. 23, 1913, ch. 6, § 13 (par.), 38 Stat. 264; Sept. 7, 1916, ch. 461, 39 Stat. 753; Aug. 23, 1935, ch. 614, § 203(a), 49 Stat. 704.)

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U.S. Code

“Federal Reserve Act”
§ 226

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Dec. 23, 1913, ch. 6, § 13
38 Stat. 264
Sept. 7, 1916, ch. 461
39 Stat. 753
Aug. 23, 1935, ch. 614, § 203(a)
49 Stat. 704
act Dec. 23, 1913, ch. 6
38 Stat. 251
42 Stat. 1478
47 Stat. 715

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cites case law

§ 361

Bills receivable, bills of exchange, acceptances; regulations by Board of Governors

U.S.C.§ 226

ActDec. 23, 1913, ch. 6, § 13

Stat.38 Stat. 264

ActSept. 7, 1916, ch. 461

Stat.39 Stat. 753

ActAug. 23, 1935, ch. 614, § 203(a)

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