| 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. | |
| 249. | Repealed. | |
| 250. | Independence of financial regulatory agencies. | |
| 251. | Repealed. | |
| 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. | |
| 264. | Transferred. | |
| 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. | |
| 284. | Omitted. | |
| 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. | |
| 329a. | Omitted. | |
| 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. | |
| 337. | Repealed. | |
| 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. | |
| 352a. | Repealed. | |
| 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. | |
| 359a. | Omitted. | |
| 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. | |
| 362 to 364. | Omitted. | |
| 371. | Real estate loans. | |
| 371a. | Repealed. | |
| 371b. | Rate of interest on time deposits; payment of time deposits before maturity; waiver of notice requirements for withdrawal of savings deposits. | |
| 371b–1. | Repealed. | |
| 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. | |
| 375. | Reserved. | |
| 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. | |
| 377. | Repealed. | |
| 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. | |
| 422. | Omitted. | |
| 423. | Central bank digital currency. | |
| 441 to 448. | Omitted. | |
| 461. | Reserve requirements. | |
| 462 to 462c. | Omitted or Repealed. | |
| 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. | |
