12 U.S.C. § 303 — Qualifications and disabilities

No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal reserve bank. No director of class B shall be an officer, director, or employee of any bank . No director of class C shall be an officer, director, employee, or stockholder of any bank . (Dec. 23, 1913, ch. 6, § 4 (pars.), 38 Stat. 255 ; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704 .) Editorial Notes Codification Section is comprised of pars. 13 to 15 of section 4 of act Dec. 23, 1913 . For classification to this title of other pars. of section 4, see Codification note set out under section 301 of this title . Statutory Notes and Related Subsidiaries Change of Name Section 203(a) of act Aug. 23, 1935 , changed name of Federal Reserve Board to Board of Governors of the Federal Reserve System .

Related documents

• 42 U.S.C. § 280i — Developmental disabilities surveillance and research program#595222
• 38 U.S.C. § 1914 — Statutory total disabilities#587158
• 29 U.S.C. § 791 — Employment of individuals with disabilities#583927
• 22 U.S.C. § 2291h — Reporting requirements#579540
• 6 U.S.C. § 1141 — Reporting requirements#559296