Full text: The Federal reserve act (approved December 23, 1913) as amended to March 4, 1931

3) 
FEDERAL RESERVE ACT sec. 2 
the Federal Reserve Board shall order a special exam- 
ination and report of the condition of any Federal reserve 
bank. 
acts amended by Sec. 22. (a) No member bank and no officer, director. 
Star Hat Wor employee thereof shall hereafter make any loan of 
a a” bo ad »y gratuity to any bank examiner. Any bank 
25. 1927 (4h Set , director, or employee violating this provision 
1252. chan. 19) shall be deemed guilty of a misdemeanor and shall be 
imprisoned not exceeding one year, or fined not more 
than $5,000, or both, and may be fined a further sum 
equal to the money so loaned or gratuity given. 
Any examiner or assistant examiner who shall accept 
a loan or gratuity from any bank examined by him, or 
from an officer, director, or employee thereof, or who shall 
steal, or unlawfully take, or unlawfully conceal any 
money, note, draft, bond, or security or any other prop- 
erty of value in the possession of any member bank or 
from any safe deposit box in or adjacent to the premises 
of such bank, shall be deemed guilty of a misdemeanor 
and shall, upon conviction thereof in any district court 
of the United States, be imprisoned for not exceeding one 
year, or fined not more than $5,000, or both, and may be 
fined a further sum equal to the money so loaned, gratuity 
given, or property stolen, and shall forever thereafter 
be disqualified from holding office as a national bank 
examiner. 
(b) No national bank examiner shall perform any 
other service for compensation while holding such office 
for any bank or officer, director, or employee thereof. 
No examiner, public or private, shall disclose the 
names of borrowers or the collateral for loans of a mem- 
ber bank to other than the proper officers of such bank 
without first having obtained the express permission in 
writing from the Comptroller of the Currency, or from 
the board of directors of such bank, except when ordered 
to do so by a court of competent jurisdiction, or by 
direction of the Congress of the United States, or of 
either House thereof, or any committee of Congress, or 
of either House duly authorized. Any bank examiner 
violating the provisions of this subsection shall be im- 
prisoned not more than one year or fined not more than 
$5,000, or both. 
(¢) Except as herein provided, any officer, director. 
employee, or attorney of a member bank who stipulates
	        
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