12 U.S. Code SUBCHAPTER IX— POWERS AND DUTIES OF FEDERAL RESERVE BANKS

  1. § 341. General enumeration of powers
  2. § 342. Deposits; exchange and collection; member and nonmember banks or other depository institutions; charges
  3. § 343. Discount of obligations arising out of actual commercial transactions
  4. § 344. Discount or purchase of bills to finance agricultural shipments
  5. § 345. Rediscount of notes, drafts, and bills for member banks; limitation of amount
  6. § 346. Discount of acceptances
  7. § 347. Advances to member banks on their notes
  8. § 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
  9. § 347b. Advances to individual member banks on time or demand notes; maturities; time notes secured by mortgage loans covering one-to-four family residences
  10. § 347c. Advances to individuals, partnerships, and corporations; security; interest rate
  11. § 347d. Transactions between Federal Reserve banks and branch or agency of foreign bank; matters considered
  12. § 348. Discount of obligations given for agricultural purposes or based upon livestock; collateral security for Federal reserve notes
  13. § 348a. Transactions with foreign banks; supervision of Board of Governors of the Federal Reserve System
  14. § 349. Rediscount for intermediate credit banks of obligations given for agricultural purposes; discount of notes made pursuant to section 1031
  15. § 350. Purchase and sale of debentures and like obligations of intermediate credit banks and agricultural credit corporations
  16. § 351. Obligations of cooperative marketing association as issued or drawn for agricultural purposes
  17. § 352. Limitation on amount of obligations of certain maturities which may be discounted and rediscounted
  18. § 352a. Repealed. Pub. L. 85–699, title VI, § 601, Aug. 21, 1958, 72 Stat. 697
  19. § 353. Purchase and sale of cable transfers, acceptances and bills
  20. § 354. Transactions involving gold coin, bullion, and certificates
  21. § 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
  22. § 356. Purchase of commercial paper from member banks and sale of same
  23. § 357. Establishment of rates of discount
  24. § 358. Establishment of accounts for purposes of open-market operations; correspondents and agencies
  25. § 359. Purchase and sale of acceptances of intermediate credit banks and agricultural credit corporations
  26. § 359a. Omitted
  27. § 360. Receiving checks and drafts on deposit at par; charges for collections, exchange, and clearances
  28. § 361. Bills receivable, bills of exchange, acceptances; regulations by Board of Governors
  29. §§ 362 to 364. Omitted