GroundRules
12 U.S.C. § 374: Acting as agent for nonmember bank in getting discounts from reserve bank
Where this section sits in the code
- Title 12—BANKS AND BANKING
- CHAPTER 3—FEDERAL RESERVE SYSTEM
No member bank shall act as the medium or agent of a nonmember bank in applying for or receiving discounts from a Federal reserve bank under the provisions of this chapter, except by permission of the Board of Governors of the Federal Reserve System.
Collected 2026-09-10T05:56:24Z. Source file · JSON