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12 U.S.C. 285: Nonvoting stockText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 12-BANKS AND BANKINGCHAPTER 3-FEDERAL RESERVE SYSTEM
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§285. Nonvoting stock

Stock not held by member banks shall not be entitled to voting power.

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

Editorial Notes

Codification

Section is comprised of the eleventh par. of section 2 of act Dec. 23, 1913. For classification of other pars. of section 2 of this Act, see Codification note set out under section 222 of this title.