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, § 238 Stat. 253Pub. L. 86–114, § 3(b)(5)73 Stat. 264( (part), ; , , .)
Editorial Notes
References in Text
act Dec. 23, 1913, ch. 638 Stat. 251section 226 of this titleThis chapter, referred to in text, was in the original “this Act”, meaning , , known as the Federal Reserve Act. For complete classification of this Act to the Code, see References in Text note set out under and Tables.
Codification
section 281 of this titlesection 222 of this titleSection is comprised of part of the thirteenth par. of section 2 of act . Some of the other provisions of the thirteenth par. are classified to , and some were not included in the Code. For classification of other pars. of section 2 of this Act, see Codification note set out under .
Prior Provisions
act Mar. 3, 1887, ch. 37824 Stat. 559Provisions relating to reserve cities and central reserve cities were contained in R.S. §§ 5191, 5192, and , §§ 1, 2, , 560.
Amendments
Pub. L. 86–1141959— struck out “and central reserve cities” after “reserve cities”.
Statutory Notes and Related Subsidiaries
Effective Date of 1959 Amendment
Pub. L. 86–114section 3(b) of Pub. L. 86–114section 141 of this titleAmendment by effective three years after , see , set out as a Central Reserve and Reserve Cities note under former .