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2012 U.S. Code
Title 12 - Banks and Banking
Chapter 3 - FEDERAL RESERVE SYSTEM (§§ 221 - 522)
Subchapter X - POWERS AND DUTIES OF MEMBER BANKS (§§ 371 - 378)
Section 376 - Rate of interest paid to directors, etc.
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Metadata
| Publication Title | United States Code, 2012 Edition, Title 12 - BANKS AND BANKING |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 12 - BANKS AND BANKING CHAPTER 3 - FEDERAL RESERVE SYSTEM SUBCHAPTER X - POWERS AND DUTIES OF MEMBER BANKS Sec. 376 - Rate of interest paid to directors, etc. |
| Contains | section 376 |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Dec. 23, 1913, ch. 6, §22(e), as added Sept. 26, 1918, ch. 177, §5, 40 Stat. 971. |
| Statutes at Large Reference | 40 Stat. 971 |
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POWERS AND DUTIES OF MEMBER BANKS - 12 U.S.C. § 376 (2012)
§376. Rate of interest paid to directors, etc.
No member bank shall pay to any director, officer, attorney, or employee a greater rate of interest on the deposits of such director, officer, attorney, or employee than that paid to other depositors on similar deposits with such member bank.
(Dec. 23, 1913, ch. 6, §22(e), as added Sept. 26, 1918, ch. 177, §5, 40 Stat. 971.)
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