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US Code · Through Public Law 119-103 (09/02/2026)

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

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Where this section sits in the code
  1. Title 12—BANKS AND BANKING
  2. CHAPTER 3—FEDERAL RESERVE SYSTEM

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.

Collected 2026-09-10T05:56:24Z. Source file · JSON

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