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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 3— FEDERAL RESERVE SYSTEM · SUBCHAPTER X— POWERS AND DUTIES OF MEMBER BANKS · § 374

§ 374. Acting as agent for nonmember bank in getting discounts from reserve bank

224 words·~1 min read·/usc/title-12/section-374

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No member bank shall act as the medium or agent of a nonmember bank in applying for or receiving discounts from a Federal reserve bank under the provisions of this chapter, except by permission of the Board of Governors of the Federal Reserve System.
(Dec. 23, 1913, ch. 6, § 19(e), formerly § 19 (par. 8), 38 Stat. 270; June 21, 1917, ch. 32, § 10, 40 Stat. 239; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704; renumbered § 19(e), Pub. L. 89–597, § 2(b), Sept. 21, 1966, 80 Stat. 824.)
Connections2 cite this · traces to 2
11 references not yet in our index
  • Dec. 23, 1913, ch. 6, § 19(e)
  • 38 Stat. 270
  • June 21, 1917, ch. 32, § 10
  • 40 Stat. 239
  • Aug. 23, 1935, ch. 614
  • 49 Stat. 704
  • Pub. L. 89–597, § 2(b)
  • 80 Stat. 824
  • act Dec. 23, 1913, ch. 6
  • 38 Stat. 251
  • Pub. L. 89–597
Citation graph
cites case law
§ 374
Acting as agent for nonmember bank in getting discounts from reserve bank
Stat.×1
U.S.C.×1
ActDec. 23, 1913, ch. 6, § 19(e)
Stat.38 Stat. 270
ActJune 21, 1917, ch. 32, § 10
Stat.40 Stat. 239
ActAug. 23, 1935, ch. 614
Cites 13 · showing 7Cited by 2 across 2 sources
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