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  1. Section 16. Note Issues. 1. Issuance of Federal Reserve notes; nature of obligation; where redeemable.

  2. 1 A number of sections of the Federal Reserve Act are long or contain unrelated provisions and the provisions of each such section appear in more than 1 section of the United States Code. In this compilation of this Act, the Code cites for such sections appear at the end of each dis-crete provision.

  3. [Pub. 43.J 17 NOTE ISSUES. Sec. 16. Federal reserve notes, to be issued at the discretion of the Federal Reserve Board 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 hereby authorized.

  4. Federal Reserve Act. SECTION 1—Short Title and Definitions. SECTION 2Federal Reserve Districts. SECTION 2A—Monetary Policy Objectives. SECTION 2B—Appearances Before and Reports to the Congress. SECTION 3—Branch Offices. SECTION 4—Federal Reserve Banks.

  5. Federal Reserve Act : Public Law 63-43, 63d Congress, H.R. 7837: An Act to Provide for the Establishment of Federal Reserve Banks, to Furnish an Elastic Currency, to Afford Means of Rediscounting Commercial Paper, to Establish a More Effective Supervision of Banking in the United States, and for Other Purposes.

  6. The Federal Reserve Act of 1913. This is a digital copy of a book that was preserved for generations on library shelves before it was carefully scanned by Google as part of a project to make the world’s books discoverable online.

  7. Effective July 16, 2013 1 CREDIT AND SECURITY TERMS 1.0 SCOPE 1.1 This Operating Circular is issued by each Reserve Bank and sets forth the terms under which an entity may, in accordance with the Federal Reserve Act and regulations promulgated thereunder by the Board of Governors of the Federal

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