12 U.S.C. · Banks and Banking
12 U.S.C. § 376

Rate of interest paid to directors, etc.

Ch. 3 — FEDERAL RESERVE SYSTEM
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 3
Statutory Text

12 U.S.C. § 376 — Rate of interest paid to directors, etc.

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 3 - FEDERAL RESERVE SYSTEM SUBCHAPTER X - POWERS AND DUTIES OF MEMBER BANKS Sec. 376 - Rate of interest paid to directors, etc. From the U.S. Government Publishing Office, www.gpo.gov

§376. Rate of interest paid to directors, etc.

No member bank shall pay to any director, officer, attorney, or employee a greater rate of interest on the deposits of such director, officer, attorney, or employee than that paid to other depositors on similar deposits with such member bank.

(Dec. 23, 1913, ch. 6, §22(e), as added Sept. 26, 1918, ch. 177, §5, 40 Stat. 971.)

Source: uscode.house.gov — public domain Official Source ↗
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Federation ID
BS-USC12-SEC-D3C269
Entity Class
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Citation
12 U.S.C. § 376
Jurisdiction
Federal — United States
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PRIMARY-SOURCE
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33f9afbbb3d349d6...
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The statutory text of 12 U.S.C. § 376 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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