§ 464. Checking against and withdrawal of reserve balance
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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to such penalties as may be prescribed by the Board of Governors of the Federal Reserve System, be checked against and withdrawn by such member bank for the purpose of meeting existing liabilities.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.)
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Cited by 13 sections
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- 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
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§ 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