12 U.S.C. § 247 — Reports to Congress

submitted 113 years ago by ch. 6 to r/title-12-BANKS-AND-BANKING · 77 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Federal Reserve Board must send Congress a full yearly report on its work. The Speaker of the House receives it and has it printed for Congress. The report must include several other specific reports the Board is separately required to make.

The Board of Governors of the Federal Reserve System must make a full report of its operations to the Speaker of the House of Representatives every year. The Speaker must have the report printed so Congress can see it. This required report must also include the reports the Board is separately required to make under section 1691f of title 15, section 57a(f)(7) of title 15, section 1613 of title 15, and section 247a of this title.

the actual law source: uscode.house.gov ↗public domain

The Board of Governors of the Federal Reserve System shall annually make a full report of its operations to the Speaker of the House of Representatives, who shall cause the same to be printed for the information of the Congress. The report required under this paragraph shall include the reports required under section 1691f of title 15, section 57a(f)(7) 1 of title 15, section 1613 of title 15, and section 247a of this title.

Source credit: (Dec. 23, 1913, ch. 6, § 10 (par.), 38 Stat. 261; June 3, 1922, ch. 205, 42 Stat. 621; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704; Pub. L. 106–569, title XI, § 1103(b), Dec. 27, 2000, 114 Stat. 3030.)

history & why it existsrecord from the source credit

1913Enacted · Act of Dec. 23, 1913, ch. 6 · 38 Stat. 261
1922Amended · Act of June 3, 1922, ch. 205 · 42 Stat. 621
1935Amended · Act of Aug. 23, 1935, ch. 614 · 49 Stat. 704
2000Amended · Pub. L. 106-569 · 114 Stat. 3030

A history note hasn’t been published yet. The record shows enactment by ch. 6 on 1913-12-23.

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