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12 U.S.C. § 620

Members of Board of Governors of the Federal Reserve System without interest in corporation

Ch. 6 — FOREIGN BANKING
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 6
Statutory Text

12 U.S.C. § 620 — Members of Board of Governors of the Federal Reserve System without interest in corporation

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 6 - FOREIGN BANKING SUBCHAPTER II - ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING Sec. 620 - Members of Board of Governors of the Federal Reserve System without interest in corporation From the U.S. Government Publishing Office, www.gpo.gov

§620. Members of Board of Governors of the Federal Reserve System without interest in corporation

No member of the Board of Governors of the Federal Reserve System shall be an officer or director of any corporation organized under the provisions of this subchapter or of any corporation engaged in similar business organized under the laws of any State, nor hold stock in any such corporation, and before entering upon his duties as a member of the Board of Governors of the Federal Reserve System he shall certify under oath to the Secretary of the Treasury that he has complied with this requirement.

(Dec. 23, 1913, ch. 6, §25A (par.), formerly §25(a), as added Dec. 24, 1919, ch. 18, 41 Stat. 378; amended Aug. 23, 1935, ch. 614, title II, §203(a), 49 Stat. 704; renumbered §25A, Pub. L. 102–242, title I, §142(e)(2), Dec. 19, 1991, 105 Stat. 2281.)

Editorial Notes

References in Text This subchapter, referred to in text, was in the original "this section", meaning section 25A of act Dec. 23, 1913, which is classified to this subchapter (§611 et seq.).

Codification Section is comprised of par. 12 (undesignated) of section 25A of act Dec. 23, 1913, which comprises this subchapter. For complete classification of section 25A of this Act, see Codification note set out under section 611 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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BS-USC12-SEC-A6CFC5
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boisestandard.org
Citation
12 U.S.C. § 620
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PRIMARY-SOURCE
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The statutory text of 12 U.S.C. § 620 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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← 12 U.S.C. § 619 12 U.S.C. § 621 →
Ch. 6 — FOREIGN BANKING
12 U.S.C. § 60112 U.S.C. § 60212 U.S.C. § 60312 U.S.C. § 60412 U.S.C. § 604a12 U.S.C. § 60512 U.S.C. § 61112 U.S.C. § 611a12 U.S.C. § 61212 U.S.C. § 61312 U.S.C. § 61412 U.S.C. § 61512 U.S.C. § 61612 U.S.C. § 61712 U.S.C. § 61812 U.S.C. § 61912 U.S.C. § 62012 U.S.C. § 62112 U.S.C. § 62212 U.S.C. § 62312 U.S.C. § 62412 U.S.C. § 62512 U.S.C. § 62612 U.S.C. § 62712 U.S.C. § 62812 U.S.C. § 62912 U.S.C. § 63012 U.S.C. § 63112 U.S.C. § 63212 U.S.C. § 633
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