§ 281. — Capital.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC281]
TITLE 12--BANKS AND BANKING
CHAPTER 3--FEDERAL RESERVE SYSTEM
SUBCHAPTER VI--CAPITAL AND STOCK OF FEDERAL RESERVE BANKS; DIVIDENDS AND
EARNINGS
Sec. 281. Capital
No Federal reserve bank shall commence business with a subscribed
capital less than $4,000,000.
(Dec. 23, 1913, ch. 6, Sec. 2, 38 Stat. 253.)
Section Referred to in Other Sections
This section is referred to in section 481 of this title.
