FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER VIII—STATE BANKS AS MEMBERS OF SYSTEM

Examinations

12 U.S.C. § 325
Title12Banks and Banking
ChapterSUBCHAPTER VIII—STATE BANKS AS MEMBERS OF SYSTEM

This text of 12 U.S.C. § 325 (Examinations) 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. § 325.

Text

As a condition of membership such banks shall likewise be subject to examinations made by direction of the Board of Governors of the Federal Reserve System or of the Federal reserve bank by examiners selected or approved by the Board of Governors of the Federal Reserve System.

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Source Credit

History

(Dec. 23, 1913, ch. 6, §9 (par.), as added June 21, 1917, ch. 32, §3, 40 Stat. 233; amended Aug. 23, 1935, ch. 614, title II, §203(a), 49 Stat. 704.)

Editorial Notes

Editorial Notes

Codification
Section is comprised of the seventh par. of section 9 of act Dec. 23, 1913, as amended. The seventh par. constituted the fifth par. of section 9 in 1917 (40 Stat. 232), became the sixth par. in 1927 (44 Stat. 1229), and became the seventh par. in 1950 (64 Stat. 458). For further details, see Codification note set out under section 321 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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Bluebook (online)
12 U.S.C. § 325, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/325.