Powers and Duties of Federal Reserve Banks

Powers and Duties of Federal Reserve Banks

In Legislation

Powers and Duties of Federal Reserve Banks in the U.S. Code: Title 12, Chapter 3, Subchapter IX

The current, permanent, in-force federal laws regulating powers and duties of federal reserve banks are compiled in the United States Code under Title 12, Chapter 3, Subchapter IX. It constitutes “prima facie” evidence of statutes relating to Banking Law (including powers and duties of federal reserve banks) of the United States. The reader can further narrow his/her legal research of the general topic (in this case, Federal Reserve System and Insurance of the US Code, including powers and duties of federal reserve banks) by chapter and subchapter.