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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 6— FOREIGN BANKING · SUBCHAPTER II— ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING · § 620

§ 620. Members of Board of Governors of the Federal Reserve System without interest in corporation

242 words·~1 min read·/usc/title-12/section-620

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No member of the Board of Governors of the Federal Reserve System shall be an officer or director of any corporation organized under the provisions of this subchapter or of any corporation engaged in similar business organized under the laws of any State, nor hold stock in any such corporation, and before entering upon his duties as a member of the Board of Governors of the Federal Reserve System he shall certify under oath to the Secretary of the Treasury that he has complied with this requirement.
(Dec. 23, 1913, ch. 6, § 25A (par.), formerly § 25(a), as added Dec. 24, 1919, ch. 18, 41 Stat. 378; amended Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704; renumbered § 25A, Pub. L. 102–242, title I, § 142(e)(2), Dec. 19, 1991, 105 Stat. 2281.)
Connections1 cite this · traces to 1
7 references not yet in our index
  • Dec. 23, 1913, ch. 6, § 25A
  • Dec. 24, 1919, ch. 18
  • 41 Stat. 378
  • Aug. 23, 1935, ch. 614
  • 49 Stat. 704
  • Pub. L. 102–242, title I, § 142(e)(2)
  • 105 Stat. 2281
Citation graph
cites case law
§ 620
Members of Board of Governors of the Federal Reserve System without interest in corporation
Stat. Comp.×1
ActDec. 23, 1913, ch. 6, § 25A
ActDec. 24, 1919, ch. 18
Stat.41 Stat. 378
ActAug. 23, 1935, ch. 614
Stat.49 Stat. 704
Cites 8 · showing 6Cited by 1 across 1 source
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