Skip to main content
 

12 CFR 209.5 - The share register.

prev | next
§ 209.5
The share register.
(a) Electronic or written record. A member bank's holding of Reserve Bank capital stock shall be represented by one (or at the option of the Reserve Bank, more than one) notation on the Reserve Bank's books. Such books may be electronic or in writing. Upon any issue or cancellation of Reserve Bank capital stock, the Reserve Bank shall record the member bank's new share position in its books (or eliminate the bank's share position from its books, as the case may be).
(b) Certification. A Reserve Bank may certify on request as to the number of shares held by a member bank and purchased before March 28, 1942, or as to the purchase and cancellation dates and prices of shares cancelled, as the case may be.

Title 12 published on 2012-01-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
USC : Title 12 - BANKS AND BANKING

§ 222 - Federal reserve districts; membership of national banks

§ 248 - Enumerated powers

§ 282 - Subscription to capital stock by national banking association

§ 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

§ 321 - Application for membership

§ 323 - Stock in Federal reserve banks; method of payment

§ 327 - Surrender of stock and cancellation of memberships

§ 328 - Withdrawals from membership

§ 333 - Mutual savings banks; application and admission to membership in Federal Reserve System

§ 466 - Reserves of banks in dependencies or insular possessions