12 U.S.C. § 522 — Federal Reserve branch bank buildings
submitted 113 years ago by ch. 6 to r/title-12-BANKS-AND-BANKING · 37 words · no verdicts yet
A Federal Reserve bank must obtain Board approval before acquiring or building a branch building or entering a related contract or obligation.
No Federal Reserve bank may authorize the acquisition or construction of any branch building, or enter into any contract or other obligation for the acquisition or construction of any branch building, without the approval of the Board.
Source credit: (Dec. 23, 1913, ch. 6, § 10 (par.), as added June 3, 1922, ch. 205, 42 Stat. 622; amended Feb. 6, 1923, ch. 60, 42 Stat. 1223; July 30, 1947, ch. 352, 61 Stat. 520; May 29, 1953, ch. 87, 67 Stat. 41; Pub. L. 87–622, § 1, Aug. 31, 1962, 76 Stat. 418; Pub. L. 93–495, title I, § 108, Oct. 28, 1974, 88 Stat. 1505; Pub. L. 102–491, § 2, Oct. 24, 1992, 106 Stat. 3144.)
- 1913Enacted · Act of Dec. 23, 1913, ch. 6 · 42 Stat. 622
- 1923Amended · Act of Feb. 6, 1923, ch. 60 · 42 Stat. 1223
- 1947Amended · Act of July 30, 1947, ch. 352 · 61 Stat. 520
- 1953Amended · Act of May 29, 1953, ch. 87 · 67 Stat. 41
- 1962Amended · Pub. L. 87-622 · 76 Stat. 418
- 1974Amended · Pub. L. 93-495 · 88 Stat. 1505
- 1992Amended · Pub. L. 102-491 · 106 Stat. 3144
A history note hasn’t been published yet. The record shows enactment by ch. 6 on 1913-12-23.
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