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LegalText 12 U.S.C. § 325 Examinations us united_states_code code_section 12 BANKS AND BANKING 3 FEDERAL RESERVE SYSTEM 325 12 U.S.C. § 325 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/s325 data/legal/raw/us/code/title-12/usc12.xml ae9d434c0ba5af09ccd8023ac5afe06a9affc6f338bd2dc04da75b0da1f109e1 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 0b55f1d5cfb33d29d7e82bc12dcadc3826a72def56977704273017fb912a6927 2026-07-04 official
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12 U.S.C. § 325 - Examinations

Text

As a condition of membership such banks shall likewise be subject to examinations made by direction of the Board of Governors of the Federal Reserve System or of the Federal reserve bank by examiners selected or approved by the Board of Governors of the Federal Reserve System.

(Dec. 23, 1913, ch. 6, § 9 (par.), as added June 21, 1917, ch. 32, § 3, 40 Stat. 233; amended Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)

Notes

Editorial Notes

Codification Section is comprised of the seventh par. of section 9 of act Dec. 23, 1913, as amended. The seventh par. constituted the fifth par. of section 9 in 1917 (40 Stat. 232), became the sixth par. in 1927 (44 Stat. 1229), and became the seventh par. in 1950 (64 Stat. 458). For further details, see Codification note set out under section 321 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.