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12 U.S.C. § 422 — Omitted

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 422 — Omitted

### Statutory Notes #### Codification Section, act Dec. 23, 1913, ch. 6, § 16 (par.), 38 Stat. 267, which made permanent appropriations for printing notes besides authorizing use of certain printing stock on hand Dec. 23, 1913, was superseded by act June 26, 1934, ch. 756, § 1(a), (b)(3), 48 Stat. 1225.

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Source location: Title 12, Chapter 3, § 422; chapter-003-federal-reserve-system.md

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 411 — Issuance to reserve banks; nature of obligation; redemption

Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank.

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 422 — Omitted

Page 163 TITLE 12—BANKS AND BANKING § 461 1 See References in Text note below. used in the printing of Federal Reserve notes and issue regulations relating to such examina- tions. (Dec. 23, 1913, ch. 6, § 16 (par.), 38 Stat. 267; Pub. L. 103–325, title VI, § 602(g)(6), Sept. 23, 1994, 108 Stat. 2293.) Editorial Notes CODIFICATION Section is comprised of the tenth (formerly the elev- enth) par. of section 16 of act Dec. 23, 1913. For classi- fication to this title of other pars. of section 16, see Codification note set out under section 411 of this title. AMENDMENTS 1994—Pub. L. 103–325, which directed general amend- ment of ‘‘[t]he 11th undesignated paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 421)’’, was exe- cuted to this section to reflect the probable intent of Congress. Prior to amendment, text read as follows: ‘‘The examination of plates, dies, bed pieces, and so forth, and regulations relating to such examination of plates, dies, and so forth, of national-bank notes pro- vided for in section 108 of this title, is extended to in- clude notes herein provided for.’’ § 422. Omitted Editorial Notes CODIFICATION Section, act Dec. 23, 1913, ch. 6, § 16 (par.), 38 Stat. 267, which made permanent appropriations for printing notes besides authorizing use of certain printing stock on hand Dec. 23, 1913, was superseded by act June 26, 1934, ch. 756, § 1(a), (b)(3), 48 Stat. 1225. SUBCHAPTER XIII—CIRCULATING NOTES AND BONDS SECURING SAME §§ 441 to 448. Omitted Editorial Notes CODIFICATION Sections, act Dec. 23, 1913, ch. 6, § 18, 38 Stat. 268, as amended by acts Mar. 9, 1933, ch. 1, title IV, § 401, 48 Stat. 6; Sept. 23, 1994, Pub. L. 103–325, title VI, § 602(g)(7), 108 Stat. 2293, are omitted as obsolete. Section 441 provided tha

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