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[NDEX 
123 
Discounts— Continued. 
Federal reserve banks— 
General provisions regarding (see also Rediscounts)---- pp. 28, 29, 30, 
sec. 13 
Sight or demand bills... eee P- 29, sec. 13 
Subject to limitations and regulation of Federal Reserve 
Board... o-oo iii. D.82,8ec. 13 
Foreign banking corporations, notes, drafts, bills of exchange, 
acceptances, cable transfers, ete... eo. Pp. 57, sec. 25 (a) 
Limitations on, of paper of any one borrower. .__ p. 18, sec. 9; 
p. 26, sec. 11 (m); pp. 29, 30, sec. 13 
Member banks can not act as agent for nonmember bank to 
obtain discounts. _.--- _. p. 47, sec. 19 
National agricultural credit corporations .--- mem pp. 92, 94 
Nonmember bank paper bearing indorsement of, ineligible for 
discount for Federal intermediate credit bank___-..-.. p. 33, sec. 13 (a) 
Notes of veterans secured by adjusted service certificates. pp. 98, 99 
Promissory notes of member banks secured by paper eligible 
for rediscount- - - cco cmmmmm moma p. 31, sec. 13 
_ Rates of. (See Discount and interest rates.) 
Discount and interest rates: 
Computation of, on sight and demand bills of exchange--.--- P. 29, sec. 13 
Federal Advisory Council may recommend... eeeea_P. 27, sec. 12 
Federal reserve bank may establish ._.. —eo_p. 35, sec. 14 (d) 
Federal Reserve Board may review and determine. . -- -. p. 22, sec. 11 (b); 
p. 31, sec. 13; p. 35, sec. 14 (d); p. 99 
Tax on deficiency in reserves of Federal reserve banks against 
} notes must be added to____...---- C__ p. 28, sec. 11 (c) 
Discount transactions by Federal reserve banks: 
Acceptances to furnish dollar exchange. . eee. P. 32, sec. 13 
Member bank acceptances. - -  cn-em-mm--- cee-. Dp. 30, sec. 13 
Member bank promissory notes secured by eligible paper... p. 31, sec. 13 
Notes, drafts, and bills arising out of actual comercial trans- 
actionB. como --a- ap oo meme_- DP. 28,29, sec. 13 
Notes, drafts, and bills drawn for agricultural purposes ---- Pp. 28, 29, sec. 
13: p. 33, sec. 13 (a) 
Dissolution: 
Federal reserve bank __.... 
Foreign banking corporations. .------- 
Effect on liabilities previously incurred 
Failure to comply with act. 
National banks. __ 
Failure to comply with act__- 
Survival of remedies and penalties. 
District, definition of term__ o_o. -oo-o---- . ae 
Districts of Federal reserve banks. (See Federal reserve districts.) 
Dividends: 
Federal reserve banks_ . _.---- oe DP. 13, sec. 7 
Foreign banking corporations... -------------. --~=--- p. 63, sec. 25 (a) 
Member banks, payment while reserve with Federal reserve 
bank below requirement. _..-----~-------D- 15, sec. 9; pp. 47, 48, sec. 19 
Member State bank must make report to Federal reserve bank 
of payment... oeoocoomoammna mm 
Division of earnings of Federal reserve banks