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2023 U.S. Code
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.
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| 12 U.S.C. § 376 (2023) |
| §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. |
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(Dec. 23, 1913, ch. 6, §22(e), as added Sept. 26, 1918, ch. 177, §5, 40 Stat. 971.) |
| United States Code, 2018 Edition, Supplement 5, 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 X - POWERS AND DUTIES OF MEMBER BANKS Sec. 376 - Rate of interest paid to directors, etc. |
| section 376 |
| 2023 |
| January 3, 2024 |
| No |
| standard |
| 40 Stat. 971 |
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