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12 USC 286

US - USC Title 12: Banks and Banking

12 USC 286

§ 286 - Transfers of stock; rules and regulations

CHAPTER 3— FEDERAL RESERVE SYSTEM › SUBCHAPTER VI— CAPITAL AND STOCK OF FEDERAL RESERVE BANKS; DIVIDENDS AND EARNINGS

The Board of Governors of the Federal Reserve System is empowered to adopt and promulgate rules and regulations governing the transfers of said stock.

Notes

Editorial Notes

Codification

Section is based on the twelfth par. of section 2 of act Dec. 23, 1913. For classification of other pars. of section 2 of this Act, see Codification note set out under section 222 of this title.

Statutory Notes and Related Subsidiaries

Change of Name

Section 203(a) of act Aug. 23, 1935, changed name of Federal Reserve Board to Board of Governors of the Federal Reserve System.
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