FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER VI—CAPITAL AND STOCK OF FEDERAL RESERVE BANKS; DIVIDENDS AND EARNINGS

Capital

12 U.S.C. § 281
Title12Banks and Banking
ChapterSUBCHAPTER VI—CAPITAL AND STOCK OF FEDERAL RESERVE BANKS; DIVIDENDS AND EARNINGS

This text of 12 U.S.C. § 281 (Capital) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
12 U.S.C. § 281.

Text

No Federal reserve bank shall commence business with a subscribed capital less than $4,000,000.

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Related

Ball v. Board of Governors of the Federal Reserve System
87 F. Supp. 3d 33 (District of Columbia, 2015)
5 case citations

Source Credit

History

(Dec. 23, 1913, ch. 6, §2 (part), 38 Stat. 253.)

Editorial Notes

Editorial Notes

Codification
Section is comprised of part of the thirteenth par. of section 2 of act Dec. 23, 1913. Some of the other provisions of the thirteenth par. are classified to section 224 of this title, and some were not included in the Code. For classification of other pars. of section 2 of this Act, see Codification note set out under section 222 of this title.

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Bluebook (online)
12 U.S.C. § 281, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/281.