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

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Monograph

Identifikator:: 1856431436

URN:: urn:nbn:de:zbw-retromon-262738

Document type:: Monograph

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

Place of publication:: Washington

Publisher:: United States Government Printing Office

Year of publication:: 1931

Scope:: ii, 170 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

48 APPENDIX BANKS MEMBERS OF THE FEDERAL RESERVE SYSTEM MAY BECOME STOCKHOLDERS Sec. 210. That any member bank of the Federal re- serve system may file application with the Comptrolle! of the Currency for permission to invest an amount not exceeding in the aggregate 10 per centum of its paid-in capital stock and surplus in the stock of one or more of the National Agricultural Credit Corporations, and upon? approval of such application may purchase such stock. The Comptroller of the Currency shall have discretiop to approve or reject such application in whole or in part DEPOSITS Sec. 212. That the moneys of National Agriculturs Credit Corporations may be kept on deposit subject t0 check in any member bank of the Federal reserve system LIMITATION ON USE OF WORDS “FEDERAL,” “UNITEY STATES.” OR “RESERVE” Act approved May 24, 1926 An Act To prohibit offering for sale as Federal farm loan bonds any securities not issued under the terms of the Farm Loan Act to limit the use of the words “Federal,” “United States,” ol “reserve,” or a combination of such words, to prohibit false advertising, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That no bank, banking association, trust company, corporation, association, firm, partnership, or person not organized under the provisions of the Act of July 17. 1916, known as the Federal Farm Loan Act, as amended. shall advertise or represent that it makes Federal farm loans or advertise of offer for sale as Federal farm loan bonds any bond not issued under the provisions of the Federal Farm Loan Act, or make use of the word ‘Fed- eral” or the words “United States” or any other word or words implying Government ownership, obligation, or supervision in advertising or offering for sale any bond, note, mortgage, or other security not issued by the Government of the United States or under the provisions of the said Federal Farm Loan Act or some other Act of Congress.

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