Subchapter IX — Powers and Duties of Federal Reserve Banks
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- §341 General enumeration of powers
- §342 Deposits; exchange and collection; member and nonmember banks or other depository institutions; charges
- §343 Discount of obligations arising out of actual commercial transactions
- §344 Discount or purchase of bills to finance agricultural shipments
- §345 Rediscount of notes, drafts, and bills for member banks; limitation of amount
- §346 Discount of acceptances
- §347 Advances to member banks on their notes
- §347a Advances to member bank groups; inadequate amounts of eligible and acceptable assets; liability of individual banks in group; distribution of loans among banks of group; rate of interest; notes accepted for advances as collateral security for Federal reserve notes; foreign obligations as security for advances
- §347b Advances to individual member banks on time or demand notes; maturities; time notes secured by mortgage loans covering one-to-four family residences
- §347c Advances to individuals, partnerships, and corporations; security; interest rate
- §347d Transactions between Federal Reserve banks and branch or agency of foreign bank; matters considered
- §348 Discount of obligations given for agricultural purposes or based upon livestock; collateral security for Federal reserve notes
- §348a Transactions with foreign banks; supervision of Board of Governors of the Federal Reserve System
- §349 Rediscount for intermediate credit banks of obligations given for agricultural purposes; discount of notes made pursuant to section 1031
- §350 Purchase and sale of debentures and like obligations of intermediate credit banks and agricultural credit corporations
- §351 Obligations of cooperative marketing association as issued or drawn for agricultural purposes
- §352 Limitation on amount of obligations of certain maturities which may be discounted and rediscounted
- §352a Repealed.
- §353 Purchase and sale of cable transfers, acceptances and bills
- §354 Transactions involving gold coin, bullion, and certificates
- §355 Purchase and sale of obligations of National, State, and municipal governments; open market operations; purchases and sales from or to United States; maximum aggregate amount of obligations acquired directly from or loaned directly to United States
- §356 Purchase of commercial paper from member banks and sale of same
- §357 Establishment of rates of discount
- §358 Establishment of accounts for purposes of open-market operations; correspondents and agencies
- §359 Purchase and sale of acceptances of intermediate credit banks and agricultural credit corporations
- §359a Omitted
- §360 Receiving checks and drafts on deposit at par; charges for collections, exchange, and clearances
- §361 Bills receivable, bills of exchange, acceptances; regulations by Board of Governors
- §§362 to 364 Omitted