Federal Reserve Notes | Midpage

Collections
United States Code

Subchapter XII

Federal Reserve Notes

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