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

i

APPENDIX

DENOMINATIONS AND FORM OF NATIONAL BANK CIRCU’
LATING NOTES

Section 5172, Revised Statutes, as amended by the act approved
March 3, 1919, amending the Federal Reserve Act ®

Sec. 5172. That in order to furnish suitable notes for
circulation, the Comptroller of the Currency shall, under
the direction of the Secretary of the Treasury, cause
plates and dies to be engraved, in the best manner to
guard against counterfeiting and fraudulent alterations
and shall have printed therefrom and numbered such
quantity of circulating notes in blank, or bearing engraved
 signatures of officers as herein provided, of the
denominations of $1, $2, $5, $10, $20, $50, $100, $500,
and $1,000, as may be required to supply the associations
entitled to receive the same. Such notes shall express
upon their face that they are secured by United States
bonds deposited with the Treasurer of the United States,
by the written or engraved signatures of the Treasurer
and Register, and by the imprint of the seal of the
Treasury; and shall also express upon their face the
promise of the association receiving the same to pay on
demand, attested by the written or engraved signatures
of the president or vice president and cashier; and shall
bear such devices and such other statements and shall be
in such form as the Secretary of the Treasury shall, by
regulation, direct.

PLACE OF BUSINESS OF NATIONAL BANK

Section 5190, Revised Statutes, as amended by the act approved
February 25, 1027

Sec. 5190. The general business of each national banking
 association shall be transacted in the place specified
in its organization certificate and in the branch or
branches, if any, established or maintained by it in
accordance with the provisions of section 5155 of the
Revised Statutes, as amended by this Act.

LIMITATION ON LOANS OF NATIONAL BANK TO ONE PERSON
Section 5200, Revised Statutes, as amended by the act of
February 25, 1927

Sec. 5200. The total obligations to any national
banking association of any person, copartnership, asso-5

 This act in effect amends sec. 27 of the Federal Reserve Act. See ante, D. 66.
            
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.