12 U.S.C. § 323 - Stock in Federal reserve banks; method of payment

Cite as:12 U.S.C. § 323
Currency:Current through P.L. 116-158 (08/14/2020)
 
FREE EXCERPT

Whenever the Board of Governors of the Federal Reserve System shall permit the applying bank to become a stockholder in the Federal reserve bank of the district its stock subscription shall be payable on call of the Board of Governors of the Federal Reserve System, and stock issued to it shall be held subject to the provisions of this chapter.

To continue reading

FREE SIGN UP