section 84 of this titleProvided, howeverThe aggregate of notes, drafts, and bills upon which any person, copartnership, association, or corporation is liable as maker, acceptor, indorser, drawer, or guarantor, rediscounted for any member bank, shall at no time exceed the amount for which such person, copartnership, association, or corporation may lawfully become liable to a national banking association under the terms of : , That nothing in this section shall be construed to change the character or class of paper now eligible for rediscount by Federal reserve banks.
Dec. 23, 1913, ch. 6, § 1338 Stat. 264Mar. 3, 1915, ch. 9338 Stat. 958Sept. 7, 1916, ch. 46139 Stat. 752Apr. 12, 1930, ch. 14046 Stat. 162( (par.), ; , ; , ; , .)
Editorial Notes
Codification
39 Stat. 75242 Stat. 147847 Stat. 715section 342 of this titleSection is comprised of the fifth par. of section 13 of act , as amended. The fifth par. constituted the third par. of section 13 in 1916 (), became the fourth par. in 1923 (), and became the fifth par. in 1932 (). For further details, see Codification notes set out under sections 343 and 344 of this title. For classification to this title of other pars. of section 13, see Codification note set out under .
Amendments
1930—Act , among other changes, inserted proviso.