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INDEX

165

State bank, definition of. ____ _
State banks (see also Member banks, State banks):
Application for stock in Federal reserve banks, method of
payment __ eeu Pp. 11, sec. 5; pp. 14, 15, sec. 9
Certification of checks against insufficient funds, illegality
of .____ eee. pp. 18, 19, sec. 9; pp. 86, 87
Circulating note benefits, Secretary of Treasury may extend
to, as members. _ o_o eee De 67, sec. 27
Consolidation with national bank; effect on branches. _..._.. pp- 80, 81
Conversion of, into national banks: effect on branches______. pp. 13, 14,
sec. 8; pp. 80, 81
Definition of _________ mmm p. 81
Eligibility for membership _______.. __._. pp. 14, 15, 17, sec. 9
Examination (see also Examinations) _ o_o cuc--_._ Pp. 186, sec. 9;
p- 22, sec. 11 (a); p. 49, sec. 21
Examinations not subject to requirements of section 21______ p. 18, sec. 9
Limitation on rediscount of paper of any one borrower....._- p. 18, sec. 9;
p- 26, sec. 11 (m); p. 29, sec. 13
Membership in Federal reserve system (see also Member banks,
State banks)—
Capital requirements_.______. eee Pp. 17,sec. 9
Conditions of membership.______ eeeeeeeee_ DD. 15,17, s€C. 9
Discontinuance of banking operations____._ p. 12, sec. 6; p. 16, sec. 9
Forfeiture of membership. p- 16, sec. 9
[nsolveney._-_-__. ecco. p.12, sec. 6
Liquidation__..___ __ p. 12, sec. 5; p. 12, sec. 6
Qualifications for.________-. - —__ pp. 14, 15, 17, sec. 9
Withdrawal from membership.-.------ ceeee-- pp- 186, 17, sec. 9
Reports of condition of ____._._-___.-- PP: 15, 16, sec. 9; p. 22, sec. 11 (a)
Reserve requirements on becoming members__ p. 15, sec. 9; pp. 46-48, sec. 19
Retention of powers under State charters... feeee- DP. 18, sec. 9
Sections of Federal Reserve Act applicable to member banks... p. 18, sec. 9
State examinations may be accepted... —..___.- Pp. 16, sec. 9; p. 48, sec. 21
Subjeet to provisions and penalties of Revised Statutes, section
5209, upon becoming members. ..-—---c---cw-=--- --==- P- 15, sec. 9
Subscription to stock in Federal reserve banks_.. Pp. 11, sec. 5; p. 14, sec. 9
Withdrawal from membership, condition of... _~--- PP: 16, 17, sec. 9
State foreign banking corporations. (See Foreign banking corporations.)

State obligations, right of foreign banking corporations to purchase
 and sell ____.. + He __. Pp. 57, sec. 25 (a)
State taxation of foreign banking corporations... - p. 63, sec. 25 (a)
States, counties, municipalities; bills, notes, revenue bonds, and warrants
 of, purchase and sale by Federal reserve banks; kinds
eligible for... -- Dp. 35, sec. 14 (b)
Stock:
Federal reserve banks—
Allotment of, to United States. -occnoweooeei comoeeeo D4, sec. 2.
Amount member bank must subscribe to, method of payment.
 o-oo. P.2, sec. 2;p. 11, sec. 5; pp. 14, 15, sec. 9
Amount State bank must subseribe._..._. p. 11, sec. 5; p. 15, sec. 9
Application by new members for stock of, subsequent to
organization of system _....--..-_ p. 11, sec. 5; pp. 14, 15, sec. 9
Call on subsecriptions_.. ceo Pp. 2, 5€c. 2; p. 11, sec. 5

n. 81