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

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INDEX 
165 
State bank, definition of. ____ _ 
State banks (see also Member banks, State banks): 
Application for stock in Federal reserve banks, method of 
payment __ eeu Pp. 11, sec. 5; pp. 14, 15, sec. 9 
Certification of checks against insufficient funds, illegality 
of .____ eee. pp. 18, 19, sec. 9; pp. 86, 87 
Circulating note benefits, Secretary of Treasury may extend 
to, as members. _ o_o eee De 67, sec. 27 
Consolidation with national bank; effect on branches. _..._.. pp- 80, 81 
Conversion of, into national banks: effect on branches______. pp. 13, 14, 
sec. 8; pp. 80, 81 
Definition of _________ mmm p. 81 
Eligibility for membership _______.. __._. pp. 14, 15, 17, sec. 9 
Examination (see also Examinations) _ o_o cuc--_._ Pp. 186, sec. 9; 
p- 22, sec. 11 (a); p. 49, sec. 21 
Examinations not subject to requirements of section 21______ p. 18, sec. 9 
Limitation on rediscount of paper of any one borrower....._- p. 18, sec. 9; 
p- 26, sec. 11 (m); p. 29, sec. 13 
Membership in Federal reserve system (see also Member banks, 
State banks)— 
Capital requirements_.______. eee Pp. 17,sec. 9 
Conditions of membership.______ eeeeeeeee_ DD. 15,17, s€C. 9 
Discontinuance of banking operations____._ p. 12, sec. 6; p. 16, sec. 9 
Forfeiture of membership. p- 16, sec. 9 
[nsolveney._-_-__. ecco. p.12, sec. 6 
Liquidation__..___ __ p. 12, sec. 5; p. 12, sec. 6 
Qualifications for.________-. - —__ pp. 14, 15, 17, sec. 9 
Withdrawal from membership.-.------ ceeee-- pp- 186, 17, sec. 9 
Reports of condition of ____._._-___.-- PP: 15, 16, sec. 9; p. 22, sec. 11 (a) 
Reserve requirements on becoming members__ p. 15, sec. 9; pp. 46-48, sec. 19 
Retention of powers under State charters... feeee- DP. 18, sec. 9 
Sections of Federal Reserve Act applicable to member banks... p. 18, sec. 9 
State examinations may be accepted... —..___.- Pp. 16, sec. 9; p. 48, sec. 21 
Subjeet to provisions and penalties of Revised Statutes, section 
5209, upon becoming members. ..-—---c---cw-=--- --==- P- 15, sec. 9 
Subscription to stock in Federal reserve banks_.. Pp. 11, sec. 5; p. 14, sec. 9 
Withdrawal from membership, condition of... _~--- PP: 16, 17, sec. 9 
State foreign banking corporations. (See Foreign banking cor- 
porations.) 
State obligations, right of foreign banking corporations to pur- 
chase and sell ____.. + He __. Pp. 57, sec. 25 (a) 
State taxation of foreign banking corporations... - p. 63, sec. 25 (a) 
States, counties, municipalities; bills, notes, revenue bonds, and war- 
rants of, purchase and sale by Federal reserve banks; kinds 
eligible for... -- Dp. 35, sec. 14 (b) 
Stock: 
Federal reserve banks— 
Allotment of, to United States. -occnoweooeei comoeeeo D4, sec. 2. 
Amount member bank must subscribe to, method of pay- 
ment. o-oo. P.2, sec. 2;p. 11, sec. 5; pp. 14, 15, sec. 9 
Amount State bank must subseribe._..._. p. 11, sec. 5; p. 15, sec. 9 
Application by new members for stock of, subsequent to 
organization of system _....--..-_ p. 11, sec. 5; pp. 14, 15, sec. 9 
Call on subsecriptions_.. ceo Pp. 2, 5€c. 2; p. 11, sec. 5 
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