Statute · United States Code
12 U.S.C. § 281 — Capital
12 U.S.C. § 281
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- capital-markets-and-corporate-governance
No Federal reserve bank shall commence business with a subscribed capital less than $4,000,000.
Citator
12 U.S.C. § 281 — Capital is in force in the current edition of the Code, and nothing recorded condemns it.
No Federal reserve bank shall commence business with a subscribed capital less than $4,000,000.