U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2024 Edition Title 12 - BANKS AND BANKING CHAPTER 3 - FEDERAL RESERVE SYSTEM SUBCHAPTER VI - CAPITAL AND STOCK OF FEDERAL RESERVE BANKS; DIVIDENDS AND EARNINGS Sec. 281 - Capital From the U.S. Government Publishing Office, www.gpo.gov §281. Capital No Federal reserve bank shall commence business with a subscribed capital less than $4,000,000. (Dec. 23, 1913, ch. 6, §2 (part), 38 Stat. 253.) Editorial Notes Codification Section is comprised of part of the thirteenth par. of section 2 of act Dec. 23, 1913. Some of the other provisions of the thirteenth par. are classified to section 224 of this title, and some were not included in the Code. For classification of other pars. of section 2 of this Act, see Codification note set out under section 222 of this title.
12 U.S.C. § 281
§281. Capital
Edition 2024