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12 U.S.C. § 281 — Capital

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No Federal reserve bank shall commence business with a subscribed capital less than $4,000,000. (Dec. 23, 1913, ch. 6, § 2 (part), 38 Stat. 253 .) Editorial Notes Codification Section is comprised of part of the thirteenth par. of section 2 of act Dec. 23, 1913 . Some of the other provisions of the thirteenth par. are classified to section 224 of this title , 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 section 222 of this title .

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