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

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INDEX 
151 
Member banks—Continued. 
Purchase of stock in national agricultural credit corporations. p. 96 
Purchases from directors_._. ieee. Pp. 51, sec. 22 (d) 
Receiver, appointment of, effect on membership... wooo P. 12, sec. 6 
Rediscount by national agricultural credit corporation of paper 
indorsed by_----. - sm Sn p. 94 
Rediscounts for, by Federal reserve banks. (See Rediscounts.) 
Reports by State member banks, penalty for failure to render_. p. 16, sec. 9; 
p. 22, sec. 11 (a) 
Reserve balance, may be checked against; limitations imposed. p. 47, sec. 19 
Reserves— 
Against deposits of public moneys by United States_.._ pp. 73, 74, 75 
General provisions regarding (see also Reserves). pp. 46, 47, 48, sec. 19 
Maintain with Federal reserve banks. oo _-ccwe----- P. 46, sec. 19 
Shall not make new loans when not maintained. __._ pp. 47, 48, sec. 19 
Retirement of circulating notes of... ee eieceeeeeeen D. 44, sec. 18 
State banks— 
Application for membership— 
Amount of subscription of Federal reserve bank stock 
required ____. _. .- p.15, sec. 9 
Federal Reserve Board to consider financial condition, 
character of management, and corporate powers-. Pp. 15, sec. 9 
Procedure... ———_ PD. 14, 15, sec. 9 
Branches. coco. —-- ee eemmemen-~ p.15, sec. 9 
Cancellation of Federal reserve bank stock..--.___ pp. 11, 12, sec. 5; 
p. 12, sec. 6; p. 16, sec. 9 
Capital required for membership. oooooueoroouno Pe 17, sec. 9 
Circulating note benefits, Secretary of Treasury may 
extend to... em eee Dp. 67,80. 27 
Consolidation with national banks, effect on branches... pp. 80, 81 
Conversion into national bank, procedure; effect on 
branches. _._.__._. ee —w—--_ DD. 13, 14, sec. 8; pp. 80. 81 
Depositaries of public money; nature of duties; security 
required oon ieee- Pp. 19,8ec. 9 
Dividends, report of payment to Federal reserve bank__. p. 15, sec. 9 
Effect of membership on powers... -__ p.18, sec. 9 
Eligibility for membership coo --cooov-ns-------- PP. 14-18, see. 9 
Eligibility for membership of bank with branches beyond 
limits of town, ete., of parent bank —ccooeoo-o Pu 15, sec. 9 
Examination of. .._._.. p. 16, sec. 9; b. 22, sec. 11 (a); p. 49, see. 21 
Expulsion from membership; procedure ._----~-——----- P. 16. sec. 9 
Failure to comply with section 9 of Federal Reserve Act; 
penalty ______. imme eeiccce-—-- P-16,sec. 9 
False certification of checks; penalty_.__ pp. 18, 19, sec. 9; pp. 86, 87 
Financial agents of United States; nature of duties; 
security required.___. p. 19, sec. 9 
Insolvent— 
Cancellation of Federal reserve bank stock necessary. 
Dividends on holdings of Federal reserve bank stock... 
Lending on or purchasing own stock, restrictions on... 
Loans to veterans on notes secured by adjusted service 
certificates. ooo meme mmm mmm memem 
Membership subject to regulation by Federal Reserve 
Roard pp. 14, 15, sec. 9
	        
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