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2020 US Code
Title 12 - Banks and Banking
Chapter 3 - Federal Reserve System
Subchapter II - Board of Governors of the Federal Reserve System
Sec. 245 - Vacancies during recess of Senate
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| 12 U.S.C. § 245 (2020) |
| §245. Vacancies during recess of Senate |
|
The President shall have power to fill all vacancies that may happen on the Board of Governors of the Federal Reserve System during the recess of the Senate by granting commissions which shall expire with the next session of the Senate. |
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(Dec. 23, 1913, ch. 6, §10 (par.), 38 Stat. 260; June 3, 1922, ch. 205, 42 Stat. 620; Aug. 23, 1935, ch. 614, title II, §203(a), 49, Stat. 704.) |
| EDITORIAL NOTES
CODIFICATION
Section is comprised of fifth par. of section 10 of act Dec. 23, 1913. For classification to this title of other pars. of section 10, see Codification note set out under section 241 of this title. STATUTORY NOTES AND RELATED SUBSIDIARIES CHANGE OF NAME Section 203(a) of act Aug. 23, 1935, changed name of Federal Reserve Board to Board of Governors of the Federal Reserve System. |
| United States Code, 2018 Edition, Supplement 2, 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 II - BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Sec. 245 - Vacancies during recess of Senate |
| section 245 |
| 2020 |
| January 13, 2021 |
| No |
| standard |
| 38 Stat. 260 42 Stat. 620 |
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