Status of reserve cities under former statutes

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Title 12—BANKS AND BANKING > CHAPTER 3—FEDERAL RESERVE SYSTEM > SUBCHAPTER I—DEFINITIONS, ORGANIZATION, AND GENERAL PROVISIONS AFFECTING SYSTEM

This text was captured on Jul 23, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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The organization of reserve districts and Federal reserve cities shall not be construed as changing the present status of reserve cities except in so far as this chapter changes the amount of reserves that may be carried with approved reserve agents located therein.

( Dec. 23, 1913, ch. 6, § 2 (part), 38 Stat. 253 ; Pub. L. 86–114, § 3(b)(5) , July 28, 1959 , 73 Stat. 264 .)

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