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

166 
INDEX 
Stock—Continued. 
Federal reserve banks——Continued. 
Cancellations, limitation on, in any one year. ..__.._.__. 
Dividends paid to. stockholders, nature of_ - 
Hypotheeation forbidden. ._ .. ——— 
[ncrease, certificate to Comptroller of Currency explain- 
p. 17, sec. 9 
p. 18, sec. 7 
p. 11, sec. 5 
ing__ ieeeeeo po 11, sec. 5 
[nsolvency of member bank, cancellation of stock held by. p. 12, sec. 6 
Liquidation of member bank, cancellation of stock held 
by_-.. ——-- Dp. 12, sec. 5; p. 12, sec. 6 
Member banks may not transfer or hypothecate____._._._ p. 11, sec. 5 
National banks must subseribe.____._______.___ ____ p. 2, sec. 2 
New members, subscription to stock of, required._______ p. 11, sec. 5 
Public stock— 
Limitation on holding____. cemmemmen PD. 4, sec. 2 
Subscription to__. .-- DPD. 3, 4. sec. 2 
Reduction; certificate to Comptroller of Currency explain- 
Ngee eee. Pp. 11, sec. 5; pp. 12, 13, sec. 6 
Shares owned by member banks not to be transferred:__ p. 11, sec. 5 
Subscription to— 
By National banks.._.____ p. 2, sec. 2; p. 5, sec. 4; p. 11, sec. 5 
By publie_.__. fee=- PDP. 8, 4, sec. 2 
By State banks... .-- p. 11, sec. 5; pp. 14, 15, sec. 9 
Payment on.____..__ p. 2, sec. 2; p. 11, sec. 5; pp. 14, 15, sec. 9 
Subscriptions insufficient to provide required capital, 
procedure_____ -—-- DP. 3. 4, sec. 2 
Surrender of, upon discontinuance of banking operations, 
reduction of capital, liquidation or insolveney of member 
banks__... . pp. 11, 12, sec. 5; p. 12, sec. 6; p. 16, sec. 9 
Taxation___.. . -—- p. 13, sec. 7 
Transfer of, restriction upon. . Dp. 4, sec. 2; p. 11, sec. 5 
United States stoek__. - p. 4, sec 2 
Value of share_.. _-. p. 11, sec. 5 
Voting power. ...___. ——~ Dp. 4, sec. 2 
Foreign banking corporations— 
Amount required for organization_________ 
Citizenship of stockholders. _ a 
Increase. __. ie wi 
Investment in, by national banks: limitation_______ 
p. 60, sec. 25 (a) 
2. 61, sec. 25 (a) 
pn. 60, sec. 25 (a) 
op. 53, 54, sec. 25; 
p. 61, sec. 25 (a) 
Liability of shareholders._._. ~—- Pp. 62, sec. 25 (a) 
Meeting of shareholders. ._ <== P. 63, sec. 25 (a) 
Member of Federal Reserve Roard holding. _________ p. 62, sec. 25 (a) 
Reduction___._. _. ._ ~--- PP. 60, 61, sec. 25 (a) 
Taxation of shares by State__ p- 63, sec. 25 (a) 
Withdrawal. _...... p. 61, sec. 25 (a) 
Member banks— 
Amount required as condition to membership...__.._... Dp. 17, sec. 9 
Increase or reduction; must subscribe to or reduce pro- 
portionate amount of Federal reserve bank stock.. pp. 11, 12, sec. § 
Lending on or purchasing own stock, restrictions on._.__ p. 15, sec. 9 
Reduction____ .- p.11, sec. 5 
Surrender of Federal reserve bank stock..... .__.__ pp. 11, 12, sec. 5; 
p. 12. sec. 6; p. 16, sec. 9 
Withdrawal or impairment of. restrictions on _ 1.15 sec. 9
	        
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