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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. § 121a Redemption of notes unidentifiable as to bank of issue us united_states_code code_section 12 BANKS AND BANKING 2 NATIONAL BANKS 121a 12 U.S.C. § 121a 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/s121a data/legal/raw/us/code/title-12/usc12.xml 583b78f337c5b691cb606d5cd0a383c4978f9ae52ecfa1caf4d479bd47e7d492 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 92913fa5402daf93c4607603e7cf58bff0e9e95904fdb2d7bbd1a97e8fe6351b 2026-07-04 official
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12 U.S.C. § 121a - Redemption of notes unidentifiable as to bank of issue

Text

Whenever any Federal Reserve bank notes or Federal Reserve notes are presented to the Treasurer of the United States for redemption and such notes cannot be identified as to the bank of issue or the bank through which issued, the Treasurer of the United States may redeem such notes under such rules and regulations as the Secretary of the Treasury may prescribe.

(June 13, 1933, ch. 62, § 1, 48 Stat. 127; Pub. L. 89427, § 4(a), May 20, 1966, 80 Stat. 161; Pub. L. 103325, title VI, § 602(g)(8)(A), Sept. 23, 1994, 108 Stat. 2294.)

Notes

Editorial Notes

Amendments1994—Pub. L. 103325, § 602(g)(8)(A)(ii), which directed the amendment of this section by striking out “, and the notes, other than Federal Reserves notes, so redeemed shall be forwarded to the Comptroller of the Currency for cancellation and destruction” after “Treasury may prescribe”, was executed by striking out text which contained the word “Reserves” rather than “Reserve”, to reflect the probable intent of Congress. Pub. L. 103325, § 602(g)(8)(A)(i), substituted “Whenever any Federal Reserve bank notes,” for “Whenever any national-bank notes, Federal Reserve bank notes,”. 1966—Pub. L. 89427 excepted Federal Reserve notes from the category of notes which, upon redemption by the Treasurer of the United States, must be forwarded to the Comptroller of the Currency for cancellation and destruction.

Executive Documents

Transfer of Functions For transfer of functions to Secretary of the Treasury, see note set out under section 55 of this title.