Subchapter XII Federal Reserve Notes

Sections in Subchapter XII

• § 411 Issuance to reserve banks; nature of obligation; redemption
• § 412 Application for notes; collateral required
• § 413 Distinctive letter and serial number of notes; cancellation of notes unfit for circulation; accounting; apportionment of credit among Federal Reserve banks
• § 414 Authority of Board of Governors respecting issuance of notes; interest; lien
• § 415 Reduction of liability for outstanding notes by depositing notes and collateral and payment of notes of series prior to 1928; reissue of deposited notes
• § 416 Withdrawal of collateral deposited to protect notes and substitution of other collateral; retirement of notes; payment of notes of series prior to 1928; recovery of collateral; reissue of deposited notes
• § 417 Custody and safe-keeping of notes issued to and collateral deposited with Reserve agent
• § 418 Printing of notes; denomination and form
• § 419 Delivery of notes prior to delivery to banks
• § 420 Control and direction of plates and dies; expense of issue and retirement of notes paid by banks
• § 421 Examination of plates and dies
• § 422 Omitted