12 U.S.C. Chapter 3 — FEDERAL RESERVE SYSTEM

• § 221— Definitions
• § 221a— Additional definitions
• § 222— Federal reserve districts; membership of national banks
• § 223— Number of Federal reserve cities in district
• § 224— Status of reserve cities under former statutes
• § 225— Federal reserve banks; title
• § 225a— Maintenance of long run growth of monetary and credit aggregates
• § 225b— Appearances before and reports to the Congress
• § 226— “Federal Reserve Act”
• § 227— “Banking Act of 1933”
• § 228— “Banking Act of 1935”
• § 241— Creation; membership; compensation and expenses
• § 242— Ineligibility to hold office in member banks; qualifications and terms of office of members; chairman and vice chairman; oath of office
• § 243— Assessments upon Federal reserve banks to pay expenses
• § 244— Principal offices of Board; chairman of Board; obligations and expenses; qualifications of members; vacancies
• § 245— Vacancies during recess of Senate
• § 246— Powers of Secretary of the Treasury as affected by chapter
• § 247— Reports to Congress
• § 247a— Records of action on policy relating to open-market operation and policies determined generally; inclusion in report to Congress
• § 247b— Appearances before Congress
• § 248— Enumerated powers
• § 248–1— Rules and regulations for transfer of funds and charges therefor among banks; clearing houses
• § 248a— Pricing of services
• § 248b— Annual independent audits of Federal reserve banks and Board
• § 248c— Master account and services database
• § 250— Independence of financial regulatory agencies
• § 252— Credit availability assessment
• § 253— Open data publication by the Board of Governors
• § 261— Creation; membership; compensation; meetings; officers; procedure; quorum; vacancies
• § 262— Powers
• § 263— Federal Open Market Committee; creation; membership; regulations governing open-market transactions
• § 265— Insured banks as depositaries of public money; duties; security; discrimination between banks prohibited; repeal of inconsistent laws
• § 266— State-chartered banks and other institutions as depositaries of public money; fiscal agents; duties
• § 281— Capital
• § 282— Subscription to capital stock by national banking association
• § 283— Public subscription to capital stock
• § 285— Nonvoting stock
• § 286— Transfers of stock; rules and regulations
• § 287— Value of shares of stock; increase and decrease of stock; member banks as shareholders; surrender of shares
• § 288— Cancellation of stock held by member bank on insolvency or discontinuance of banking operations for sixty days; repayment of cash-paid subscriptions
• § 289— Dividends and surplus funds of reserve banks; transfer for fiscal year 2000
• § 290— Use of earnings transferred to the Treasury
• § 301— Powers and duties of board of directors; suspension of member bank for undue use of bank credit
• § 302— Number of members; classes
• § 303— Qualifications and disabilities
• § 304— Class A and class B directors; selection
• § 305— Class C directors; selection; “Federal reserve agent”
• § 306— Assistants to Federal reserve agent
• § 307— Compensation of directors
• § 308— Terms of directors; vacancies
• § 321— Application for membership
• § 322— Determination on application
• § 323— Stock in Federal reserve banks; method of payment
• § 324— Laws applicable on becoming members
• § 325— Examinations
• § 326— Acceptance of examinations and reports by State authorities; special examinations
• § 327— Surrender of stock and cancellation of memberships
• § 328— Withdrawals from membership
• § 329— Capital stock required as condition precedent to membership
• § 330— Laws applicable on becoming members; discounts for State banks
• § 331— Certifying checks on State banks admitted as members
• § 332— Depositaries of public money; financial agents; security required
• § 333— Mutual savings banks; application and admission to membership in Federal Reserve System
• § 334— Reports from affiliates; penalty for failure to furnish
• § 335— Dealing in investment securities; limitations and conditions
• § 336— Certificates of stock; representation of stock of other corporations
• § 338— Examination of affiliates; forfeiture of membership on refusal of affiliate to give information or pay expense
• § 338a— Investments to promote public welfare and community development; limitation on investments
• § 339— Participation by State member banks in lotteries and related activities
• § 339a— Resolution of clearing banks
• § 341— General enumeration of powers
• § 342— Deposits; exchange and collection; member and nonmember banks or other depository institutions; charges
• § 343— Discount of obligations arising out of actual commercial transactions
• § 344— Discount or purchase of bills to finance agricultural shipments
• § 345— Rediscount of notes, drafts, and bills for member banks; limitation of amount
• § 346— Discount of acceptances
• § 347— Advances to member banks on their notes
• § 347a— Advances to member bank groups; inadequate amounts of eligible and acceptable assets; liability of individual banks in group; distribution of loans among banks of group; rate of interest; notes accepted for advances as collateral security for Federal reserve notes; foreign obligations as security for advances
• § 347b— Advances to individual member banks on time or demand notes; maturities; time notes secured by mortgage loans covering one-to-four family residences
• § 347c— Advances to individuals, partnerships, and corporations; security; interest rate
• § 347d— Transactions between Federal Reserve banks and branch or agency of foreign bank; matters considered
• § 348— Discount of obligations given for agricultural purposes or based upon livestock; collateral security for Federal reserve notes
• § 348a— Transactions with foreign banks; supervision of Board of Governors of the Federal Reserve System
• § 349— Rediscount for intermediate credit banks of obligations given for agricultural purposes; discount of notes made pursuant to section 1031
• § 350— Purchase and sale of debentures and like obligations of intermediate credit banks and agricultural credit corporations
• § 351— Obligations of cooperative marketing association as issued or drawn for agricultural purposes
• § 352— Limitation on amount of obligations of certain maturities which may be discounted and rediscounted
• § 353— Purchase and sale of cable transfers, acceptances and bills
• § 354— Transactions involving gold coin, bullion, and certificates
• § 355— Purchase and sale of obligations of National, State, and municipal governments; open market operations; purchases and sales from or to United States; maximum aggregate amount of obligations acquired directly from or loaned directly to United States
• § 356— Purchase of commercial paper from member banks and sale of same
• § 357— Establishment of rates of discount
• § 358— Establishment of accounts for purposes of open-market operations; correspondents and agencies
• § 359— Purchase and sale of acceptances of intermediate credit banks and agricultural credit corporations
• § 360— Receiving checks and drafts on deposit at par; charges for collections, exchange, and clearances
• § 361— Bills receivable, bills of exchange, acceptances; regulations by Board of Governors
• § 371— Real estate loans
• § 371b— Rate of interest on time deposits; payment of time deposits before maturity; waiver of notice requirements for withdrawal of savings deposits
• § 371b–2— Interbank liabilities
• § 371c— Banking affiliates
• § 371c–1— Restrictions on transactions with affiliates
• § 371d— Investment in bank premises or stock of corporation holding premises
• § 372— Bankers’ acceptances
• § 373— Acceptance of drafts or bills drawn by banks in foreign countries or dependencies of United States for purpose of dollar exchange
• § 374— Acting as agent for nonmember bank in getting discounts from reserve bank
• § 374a— Acting as agent for nonbanking borrower in making loans on securities to dealers in stocks, bonds, etc.; penalties
• § 375a— Loans to executive officers of banks
• § 375b— Extensions of credit to executive officers, directors, and principal shareholders of member banks
• § 376— Rate of interest paid to directors, etc.
• § 378— Dealers in securities engaging in banking business; individuals or associations engaging in banking business; examinations and reports; penalties
• § 391— Federal reserve banks as Government depositaries and fiscal agents
• § 391a— Reimbursement of Federal Reserve Banks
• § 392— Depositaries of Government funds as confined to banks in Federal reserve system; member banks as depositaries
• § 393— Federal reserve banks as depositaries for Farm Credit System
• § 394— Federal reserve banks as depositaries for and fiscal agents of Home Owners’ Loan Corporation
• § 395— Federal reserve banks as depositaries, custodians and fiscal agents for Commodity Credit Corporation
• § 411— Issuance to reserve banks; nature of obligation; redemption
• § 412— Application for notes; collateral required
• § 413— Distinctive letter and serial number of notes; cancellation of notes unfit for circulation; accounting; apportionment of credit among Federal Reserve banks
• § 414— Authority of Board of Governors respecting issuance of notes; interest; lien
• § 415— Reduction of liability for outstanding notes by depositing notes and collateral and payment of notes of series prior to 1928; reissue of deposited notes
• § 416— Withdrawal of collateral deposited to protect notes and substitution of other collateral; retirement of notes; payment of notes of series prior to 1928; recovery of collateral; reissue of deposited notes
• § 417— Custody and safe-keeping of notes issued to and collateral deposited with Reserve agent
• § 418— Printing of notes; denomination and form
• § 419— Delivery of notes prior to delivery to banks
• § 420— Control and direction of plates and dies; expense of issue and retirement of notes paid by banks
• § 421— Examination of plates and dies
• § 461— Reserve requirements
• § 463— Limitation on amount of balance with any depository institution without access to Federal Reserve advances
• § 464— Checking against and withdrawal of reserve balance
• § 465— Basis for ascertaining deposits against which required balance is determined
• § 466— Reserves of banks in dependencies or insular possessions
• § 467— Deposits of gold coin, gold certificates, and Special Drawing Right certificates with United States Treasurer
• § 481— Appointment of examiners; examination of member banks, State banks, and trust companies; reports
• § 482— Employees of Office of Comptroller of the Currency; appointment; compensation and benefits
• § 483— Special examination of member banks; information of condition furnished to Board of Governors of the Federal Reserve System
• § 484— Limitation on visitorial powers
• § 485— Examination of Federal reserve banks
• § 486— Waiver of requirements as to reports from or examinations of affiliates
• § 501— Liability of Federal reserve or member bank for certifying check when amount of deposit was inadequate
• § 501a— Forfeiture of franchise of national banks for failure to comply with provisions of this chapter
• § 502— Liability of shareholders of Federal reserve banks on contracts, etc.
• § 503— Liability of directors and officers of member banks
• § 504— Civil money penalty
• § 505— Civil money penalty
• § 506— Notice after separation from service
• § 521— Reserve-bank branches; establishment; directors; discontinuance of branches; approval for erection of branch bank building
• § 522— Federal Reserve branch bank buildings