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TITLE 12 > CHAPTER 3 > SUBCHAPTER XII > § 411
NOTES:
Source
(Dec. 23, 1913, ch. 6, § 16 (par.), 38 Stat. 265; Jan. 30, 1934, ch. 6, § 2(b)(1), 48 Stat. 337; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)
References in Text
Phrase “hereinafter set forth” is from section 16 of the Federal Reserve Act, act Dec. 23, 1913. Reference probably means as set forth in sections
17 et seq. of the Federal Reserve Act. For classification of these sections to the Code, see Tables.
Codification
Section is comprised of first par. of section 16 of act Dec. 23, 1913. Pars. 2 to 4, 5, and 6, 7, 8 to 11, 13 and 14 of section
16, and pars. 15 to 18 of section
16 as added June 21, 1917, ch. 32, § 8, 40 Stat. 238, are classified to sections
412 to
414,
415,
416,
418 to
421,
360,
248–1, and
467, respectively, of this title.
Par. 12 of section
16, formerly classified to section
422 of this title, was repealed by act June 26, 1934, ch. 756, § 1, 48 Stat. 1225.
Amendments
1934—Act Jan. 30, 1934, struck out from last sentence provision permitting redemption in gold.
Change of Name
Section 203(a) of act Aug. 23, 1935, changed name of Federal Reserve Board to Board of Governors of the Federal Reserve System.
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