2021 US Code
Title 12 - Banks and Banking
Chapter 3 - Federal Reserve System
Subchapter I - Definitions, Organization, and General Provisions Affecting System
Sec. 224 - Status of reserve cities under former statutes
12 U.S.C. § 224 (2021) |
§224. Status of reserve cities under former statutes |
The organization of reserve districts and Federal reserve cities shall not be construed as changing the present status of reserve cities except in so far as this chapter changes the amount of reserves that may be carried with approved reserve agents located therein. |
(Dec. 23, 1913, ch. 6, §2 (part), 38 Stat. 253; Pub. L. 86–114, §3(b)(5), July 28, 1959, 73 Stat. 264.) |
EDITORIAL NOTES
REFERENCES IN TEXT
This chapter, referred to in text, was in the original "this Act", meaning act Dec. 23, 1913, ch. 6, 38 Stat. 251, as amended, known as the Federal Reserve Act. For complete classification of this Act to the Code, see References in Text note set out under section 226 of this title and Tables. CODIFICATIONSection is comprised of part of the thirteenth par. of section 2 of act Dec. 23, 1913. Some of the other provisions of the thirteenth par. are classified to section 281 of this title, and some were not included in the Code. For classification of other pars. of section 2 of this Act, see Codification note set out under section 222 of this title. PRIOR PROVISIONSProvisions relating to reserve cities and central reserve cities were contained in R.S. §§5191, 5192, and act Mar. 3, 1887, ch. 378, §§1, 2, 24 Stat. 559, 560. AMENDMENTS1959—Pub. L. 86–114 struck out "and central reserve cities" after "reserve cities". STATUTORY NOTES AND RELATED SUBSIDIARIES EFFECTIVE DATE OF 1959 AMENDMENT Amendment by Pub. L. 86–114 effective three years after July 28, 1959, see section 3(b) of Pub. L. 86–114, set out as a Central Reserve and Reserve Cities note under former section 141 of this title. |
United States Code, 2018 Edition, Supplement 3, Title 12 - BANKS AND BANKING |
Bills and Statutes |
United States Code |
Y 1.2/5: |
Title 12 - BANKS AND BANKING CHAPTER 3 - FEDERAL RESERVE SYSTEM SUBCHAPTER I - DEFINITIONS, ORGANIZATION, AND GENERAL PROVISIONS AFFECTING SYSTEM Sec. 224 - Status of reserve cities under former statutes |
section 224 |
2021 |
January 3, 2022 |
No |
standard |
24 Stat. 559 38 Stat. 253, 251 73 Stat. 264 |
Public Law 86-114 |