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

116 : 
INDEX 
Branches—Continued. 
National banks— 
Consolidation of, effect on___. eeeew pp. 80,8 
Effect of State bank converting into or consolidating with. pp. 80, 8 
Establishment, operation, and retention of, limitation on. pp. 80 81 
Foreign__ __ —--~ Pp. 53, 54, sec. 25; p- 81 
Accounts of each must be conducted independently _. p. 55, sec: 25 
Act of February 25, 1927, does not affect establish- 
lishment of .__.______ p. 8! 
Application for, character of... __. .--_ DD. 53, 54, sec. 2 
Application to Federal Reserve Board necessary..... p. 53, sec. 25 
Capital required to establish__________.____________ p. 53, sec. 25 
Increase or reduction by Federal Reserve Board... p. 54, sec. 25 
Report of condition to Comptroller of Currency..._. p. 54, sec. 25 
Special examination by Federal Reserve Board. ..___ p. 54, sec. 25 
Transfer to general ledger of profit or loss of each ____ p. 55, sec. 25 
State member banks__________ —— _=ie- p. 15, sec. > 
Brokers procuring real estate loans, national banks as_.. p. 32, sec. 13 
Buildings of Federal reserve banks, limitation on cost___ p. 22, sec. 10 
Bullion: 
Dealings in, by Federal reserve banks___ wmmmeee——_ D- 35, sec. 14 (& 
Purchase and sale by foreign banking corporations__._.__ p. 58, sec. 25 (8 
Business of foreign banking corporations, restrictions on_._._. p. 59, sec. 25 (a) 
By-laws: 
Federal reserve banks_.__. 
Foreign banking corporations. ____ 
wee- PD. 7, seC. 
ee. D. 57 sec. 25 (a 
t 1 
Cable transfers: 
Federal reserve banks may purchase__.. w-- PD. 34, sec. 1% 
Foreign banking corporations may purchase, sell, discount, or 
negotiate..__.___ eee -_ p. 57, sec. 25 ®) 
Cancellation of Federal reserve bank stock. . meme. Pp. 11, 12 
sec. 5; p. 12, sec. 6: p. 16, sec. 9 
Capital requirements: 
Foreign banking corporations, organization of ....__ pp. 60, 61, sec. 25 (8) 
National banks exercising fiduciary powers__. _._________ p. 25, sec. 11 (kK) 
National banks purchasing stock in foreign banking corpora- 
tions. ._____. — — wnew- DD. 53, 54, sec. 25 
State banks applying for membership... _ ~=- Pp. 17, 18, sec. 9 
Capital stock. (See Stock.) 
Central reserve cities: 
Federal Reserve Board may add to, reclassify, or terminate. p- 23, sec. 11 (e) 
Previous status not changed. . . imvee  P. 4, sec. 2 
Reserve. (See Reserves.) 
Certificates of ndebtedness of United States: 
As bonds or notes of United States. -——eo- DP. 75,76 
Rediscount of paper secured by_-..__._____.______ pp. 26, 27, sec. 11 (m) 
Certification of checks against insufficient funds________ pp- 18, 19, sec. 9; p. 86 
Chairman of Federal reserve bank board of directors. (See Direc- 
tors; Federal reserve agents.) 
Chirges for collections___________._. «== D. 28, sec. 13; p. 42, sec. 16 
Charters of Federal reserve banks_______ __._.__________________ p. 6, sec. 4 
Charters of foreign banking corporations, extension of . _ _ pp. §7, 63, 64, sec. 25 (a,
	        
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