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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 284 Omitted us united_states_code code_section 12 BANKS AND BANKING 3 FEDERAL RESERVE SYSTEM 284 12 U.S.C. § 284 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s284 data/legal/raw/us/code/title-12/usc12.xml f179aefa43e74ad93974f8af0f5870d42fbf3f097f128a31f048eae627dc30c6 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 0a77843fc6d118a4a501269d9688959c8c30a4a2f76de57922f933fafcd6cd78 2026-07-04 official
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12 U.S.C. § 284 - Omitted

Notes

Editorial Notes

Codification Section, act Dec. 23, 1913, ch. 6, § 2 (part), 38 Stat. 253, was omitted as obsolete pursuant to a communication from the Board of Governors of the Federal Reserve System dated Mar. 7, 1941, which stated “As originally enacted the Federal Reserve Act provided for a Reserve Bank Organization Committee to have charge of the initial steps in organizing the Federal Reserve System and this Committee was authorized to allot Federal Reserve Bank stock to the United States in the event that subscriptions to such stock by banks and by the public were inadequate. However, subscriptions by member banks were adequate and there was no necessity or authority for the allocation of any stock to the United States. Accordingly, [this section] is now of no practical effect, and may be regarded as obsolete.” This section was based on part of the tenth par. of section 2 of act Dec. 23, 1913. The rest of the tenth par. was 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.