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  • Sec.  341. General enumeration of powers.
  • Sec.  342. Deposits; exchange and collection; member and nonmember banks or other depository institutions; charges.
  • Sec.  343. Discount of obligations arising out of actual commercial transactions.
  • Sec.  344. Discount or purchase of bills to finance agricultural shipments.
  • Sec.  345. Rediscount of notes, drafts, and bills for member banks; limitation of amount.
  • Sec.  346. Discount of acceptances.
  • Sec.  347. Advances to member banks on their notes.
  • Sec.  347a. Advances to member bank groups; inadequate amounts of eligible and acceptable assets; liability of individual banks in group; distribution of loans among banks of group; rate of interest; notes accepted for advances as collateral security for Federal reserve notes; foreign obligations as security for advances.
  • Sec.  347b. Advances to individual member banks on time or demand notes; maturities; time notes secured by mortgage loans covering one-to-four family residences.
  • Sec.  347c. Advances to individuals, partnerships, and corporations; security; interest rate.
  • Sec.  347d. Transactions between Federal Reserve banks and branch or agency of foreign bank; matters considered.
  • Sec.  348. Discount of obligations given for agricultural purposes or based upon livestock; collateral security for Federal reserve notes.
  • Sec.  348a. Transactions with foreign banks; supervision of Board of Governors of the Federal Reserve System.
  • Sec.  349. Rediscount for intermediate credit banks of obligations given for agricultural purposes; discount of notes made pursuant to section 1031.
  • Sec.  350. Purchase and sale of debentures and like obligations of intermediate credit banks and agricultural credit corporations.
  • Sec.  351. Obligations of cooperative marketing association as issued or drawn for agricultural purposes.
  • Sec.  352. Limitation on amount of obligations of certain maturities which may be discounted and rediscounted.
  • Sec.  352a. Repealed.
  • Sec.  353. Purchase and sale of cable transfers, acceptances and bills.
  • Sec.  354. Transactions involving gold coin, bullion, and certificates.
  • Sec.  355. Purchase and sale of obligations of National, State, and municipal governments; open market operations; purchases and sales from or to United States; maximum aggregate amount of obligations acquired directly from or loaned directly to United States.
  • Sec.  356. Purchase of commercial paper from member banks and sale of same.
  • Sec.  357. Establishment of rates of discount.
  • Sec.  358. Establishment of accounts for purposes of open-market operations; correspondents and agencies.
  • Sec.  359. Purchase and sale of acceptances of intermediate credit banks and agricultural credit corporations.
  • Sec.  359a. Omitted.
  • Sec.  360. Receiving checks and drafts on deposit at par; charges for collections, exchange, and clearances.
  • Sec.  361. Bills receivable, bills of exchange, acceptances; regulations by Board of Governors.
  • Sec.  362 to 364. Omitted.
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(Last updated May 8, 2002)