FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER VI—FEDERAL RESERVE SYSTEM PROVISIONS
Exercise of Federal Reserve authority
12 U.S.C. § 5614
Title12 — Banks and Banking
ChapterSUBCHAPTER VI—FEDERAL RESERVE SYSTEM PROVISIONS
This text of 12 U.S.C. § 5614 (Exercise of Federal Reserve authority) 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. § 5614.
Text
(1)No decisions by Federal reserve bank presidents
No provision of subchapter I relating to the authority of the Board of Governors shall be construed as conferring any decision-making authority on presidents of Federal reserve banks.
(2)Voting decisions by Board
The Board of Governors shall not delegate the authority to make any voting decision that the Board of Governors is authorized or required to make under subchapter I of this chapter in contravention of section 248(k) of this title.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
§ 248
12 U.S.C. § 248
Source Credit
History
(Pub. L. 111–203, title XI, §1108(d), July 21, 2010, 124 Stat. 2127.)
Editorial Notes
Editorial Notes
References in Text
Subchapter I, referred to in text, was in the original "title I", meaning title I of Pub. L. 111–203, July 21, 2010, 124 Stat. 1391, known as the Financial Stability Act of 2010, which is classified principally to subchapter I (§5311 et seq.) of this chapter. For complete classification of title I to the Code, see Short Title note set out under section 5301 of this title and Tables.
References in Text
Subchapter I, referred to in text, was in the original "title I", meaning title I of Pub. L. 111–203, July 21, 2010, 124 Stat. 1391, known as the Financial Stability Act of 2010, which is classified principally to subchapter I (§5311 et seq.) of this chapter. For complete classification of title I to the Code, see Short Title note set out under section 5301 of this title and Tables.
Cite This Page — Counsel Stack
Bluebook (online)
12 U.S.C. § 5614, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/5614.