122 
INDEX 
Directors—Continued. 
Federal reserve banks— Continued. 
Nature of duties. ieee Pp. 7, seC. 
Number of _____. RE 8 sec. 4 
Operation of bank under supervision and control of ._____ p. 7, sec. 4 
Qualifications of ._ __ ieceee~-- DP. 8, 9, 10, sec. 4 
Removal of ._ reeeee- DP. 28, sec. 11 () 
Salaries, expenses, ete., of _.. ceeecee.. Pp. 10, sec. 4 
Selection of, method, Class A, B, and C.__________ pp. 8, 9, 10, sec. 4 
Senator or Representative in Congress ineligible__...____  p. 8, sec. 4 
Shall extend to member banks discounts, advancements, 
and accommodations, limitations on. __.._________._ p. 7, sec. 4 
Suspension or removal by Federal Reserve Board. ___ p. 23, sec. 11 & 
Term of office _____. anmmew Phe TG 11, sec. 4 
Vacancies, how filled. . . cee p. 11, sec. 4 
Foreign banking corporations— 
Clayton Act, applicability to__.._____ p. 55, sec. 25; p. 61, sec. 25 (a 
Liability for participating in or assenting to violation of 
section 25 (a) ______________ cememee- Dl. 62, sec. 25 (2 
Must be citizens of the United States meme. DP. 57, sec. 25 (a 
Member banks— 
Clayton Act, applicability of provisions of, 10... __.____._ p. 55, sec 
25; p. 61, sec. 25a; pp. 69-71 
Connivance of directors of, with directors of other member 
banks prohibited ._.._______________ ___________ p. 52, sec. 22 (f) 
Disclosure of profits in sales by directors of___._____ p. 51, sec. 22 (d) 
Embezzlement, fraud, ete.; penalty__. —-__. pp. 87,88 
False certification of check; penalty __..._____________ pp. 86, 87 
Fee, commission, gift, ete., for procuring loan prohibited; 
penalty __. ---~ Dp. 50, 51, sec. 22 (¢) 
Foreign banking corporations, directors of member banks 
ay serve as directors of ._..___.___ p. 55, sec. 25; p. 61, sec. 25 (a) 
Interlocking directorates, when prohibited ___. _.________ pp. 69, 70 
Liability for violating or assenting to violation of section 22 
of act... ______. Ll ee__p. 52 sec. 22(f 
Member of Federal Reserve Board ineligible __.________ p. 20, sec 10 
Penalty for accepting fees or commissions. ___. pp. 50, 51, sec. 22 (¢) 
Preferential interest rate on deposits of directors prohib- 
ited... _. ceceee-—_ DP. 52, sec. 22 (e; 
Purchase or sale from or to, of property, terms of ..._ p. 51, sec. 22 (d) 
National banks— 
Interlocking directorates, when prohibited __.  _______ 
Personal liability of directors of, for noncompliance with 
the act________ 
Discounts (see also Rediscounts): 
Domestic shipment of nonperishable readily marketable sta- 
ples, paper growing out of __. -- ceeee DP. 29, see. 13 
Exception to limitations on, as prescribed by secs. 9 and 13. _ pp. 26, 27, 
sec. 11 (m) 
D. 3, sec. 2 
Exportation of nonperishable, readily marketable staples, 
paper growing out of _ _ ____________ emeccmoaa P- 29, sec. 13 
Federal intermediate credit banks. -- Pp. 90, 91, 92