StacksVerified U.S. regulatory reference

12 U.S.C. § 303

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal reserve bank. No director of class B shall be an officer, director, or employee of any bank. No director of class C shall be an officer, director, employee, or stockholder of any bank.