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 XIV— BANK RESERVES · § 464

§ 464. Checking against and withdrawal of reserve balance

198 words·~1 min read·/usc/title-12/section-464

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

The required balance carried by a member bank with a Federal reserve bank may, under the regulations and subject to such penalties as may be prescribed by the Board of Governors of the Federal Reserve System, be checked against and withdrawn by such member bank for the purpose of meeting existing liabilities.
(Dec. 23, 1913, ch. 6, § 19(f), formerly § 19 (par. 9), 38 Stat. 270; Aug. 15, 1914, ch. 252, 38 Stat. 691; June 21, 1917, ch. 32, § 10, 40 Stat. 239; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704; July 7, 1942, ch. 488, § 3, 56 Stat. 648; renumbered § 19(f), Pub. L. 89–597, § 2(b), Sept. 21, 1966, 80 Stat. 824.)
Connections13 cite this
13 references not yet in our index
  • Dec. 23, 1913, ch. 6, § 19(f)
  • 38 Stat. 270
  • Aug. 15, 1914, ch. 252
  • 38 Stat. 691
  • June 21, 1917, ch. 32, § 10
  • 40 Stat. 239
  • Aug. 23, 1935, ch. 614
  • 49 Stat. 704
  • July 7, 1942, ch. 488, § 3
  • 56 Stat. 648
  • Pub. L. 89–597, § 2(b)
  • 80 Stat. 824
  • Pub. L. 89–597
Citation graph
cites case law
§ 464
Checking against and withdrawal of reserve balance
Fed. Reg.×8
C.F.R.×3
Stat. Comp.×1
Stat.×1
ActDec. 23, 1913, ch. 6, § 19(f)
Stat.38 Stat. 270
ActAug. 15, 1914, ch. 252
Stat.38 Stat. 691
ActJune 21, 1917, ch. 32, § 10
Cites 13 · showing 5Cited by 13 across 4 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 Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong.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.