FeperaL RESERVE ACT 
demeanor 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 property 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 member bank to other than the proper officers of such bank without first 
having obtained the express permission in writing from the Comptroller of the Cur- 
rency, 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 
imprisoned not more than one year or fined not more than $5,000, or both. 
(e) Except as herein provided, any officer, director, employee, or attorney of a 
member bank who stipulates for or receives or consents or agrees to receive any fee, 
commission, gift, or thing of value from any person, firm, or corporation, for procuring 
or endeavoring to procure for such person, firm, or corporation, or for any other person, 
firm, or corporation, any loan from or the purchase or discount of any paper, note, 
draft, check, or bill of exchange by such member bank shall be deemed guilty of a mis- 
demeanor and shall be imprisoned not more than one year or fined not more than $5.000. 
or both, 
(d) Any member bank may contract for, or purchase from, any of its directors or 
from any firm of which any of its directors is a member, any securities or other property, 
when (and not otherwise) such purchase is made in the regular course of business upon 
terms not less favorable to the bank than those offered to others, or when such pur- 
chase is authorized by a majority of the board of directors not interested in the sale 
of such securities or property, such authority to be evidenced by the affirmative vote 
or written assent of such directors: Provided, however, That when any director, or firm 
of which any director is a member, acting for or on behalf of others, sells securities or 
other property to a member bank, the Federal Reserve Board by regulation may, in 
any or all cases, require a full disclosure to be made, on forms to be prescribed by it, 
of all commissions or other considerations received, and whenever such director or 
firm, acting in his or its own behalf, sells securities or other property to the bank the 
Federal Reserve Board by regulation, may require a full disclosure of all profit realized 
from such sale. 
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