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12 U.S.C. · Banks and Banking
12 U.S.C. § 485

Examination of Federal reserve banks

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

12 U.S.C. § 485 — Examination of Federal reserve banks

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 XV - BANK EXAMINATIONS Sec. 485 - Examination of Federal reserve banks From the U.S. Government Publishing Office, www.gpo.gov

§485. Examination of Federal reserve banks

The Board of Governors of the Federal Reserve System shall, at least once each year, order an examination of each Federal reserve bank, and upon joint application of ten member banks the Board of Governors of the Federal Reserve System shall order a special examination and report of the condition of any Federal reserve bank.

(R.S. §5240 (par.); Feb. 19, 1875, ch. 89, 18 Stat. 329; Dec. 23, 1913, ch. 6, §21, 38 Stat. 272; Aug. 23, 1935, ch. 614, title II, §203(a), 49 Stat. 704.)

Editorial Notes

Codification R.S. §5240 derived from act June 3, 1864, ch. 106, §54, 13 Stat. 116, which was part of the National Bank Act. See section 38 of this title. Section is comprised of seventh par. of R.S. §5240, as amended. See Codification note set out under section 481 of this title.

Statutory Notes and Related Subsidiaries

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.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 12 U.S.C. § 485 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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Ch. 3 — FEDERAL RESERVE SYSTEM
12 U.S.C. § 22112 U.S.C. § 221a12 U.S.C. § 22212 U.S.C. § 22312 U.S.C. § 22412 U.S.C. § 22512 U.S.C. § 225a12 U.S.C. § 225b12 U.S.C. § 22612 U.S.C. § 22712 U.S.C. § 22812 U.S.C. § 24112 U.S.C. § 24212 U.S.C. § 24312 U.S.C. § 24412 U.S.C. § 24512 U.S.C. § 24612 U.S.C. § 24712 U.S.C. § 247a12 U.S.C. § 247b12 U.S.C. § 24812 U.S.C. § 248112 U.S.C. § 248a12 U.S.C. § 248b12 U.S.C. § 248c12 U.S.C. § 24912 U.S.C. § 25012 U.S.C. § 25112 U.S.C. § 25212 U.S.C. § 253
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