12 U.S.C. § 142: Banks in reserve cities; reserves

12 U.S.C. 142: Banks in reserve cities; reservesText contains those laws in effect through Public Law 119-120 (October 7, 2026).

From Title 12-BANKS AND BANKINGCHAPTER 2-NATIONAL BANKS

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§142. Banks in reserve cities; reserves

National banking associations located in reserve cities or central reserve cities shall maintain reserves provided for in section 462 of this title for banks so located.

(R.S. § 5191 (part); Dec. 23, 1913, ch. 6 , §§ 19, 27, 38 Stat. 270 , 274; Aug. 4, 1914, ch. 225 , 38 Stat. 682 ; Aug. 15, 1914, ch. 252 , 38 Stat. 691 ; June 21, 1917, ch. 32, § 10 , 40 Stat. 239 .)

Editorial Notes

References in Text

Section 462 of this title, referred to in text, was omitted from the Code. See section 461 of this title.

Codification

R.S. § 5191 derived from act June 3, 1864, ch. 106, § 31, 13 Stat. 108, which was the National Bank Act, and act Mar. 1, 1872, ch. 22, 17 Stat. 32. See section 38 of this title.

Some of the other provisions of R.S. § 5191 were classified to section 141 of this title prior to its omission from the Code, some are classified to section 143 of this title, and some were not included in the Code.

Statutory Notes and Related Subsidiaries

Termination of Central Reserve Cities

Central reserve cities terminated, see section 3(b) of Pub. L. 86–114 set out as a note under former section 141 of this title.