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12 U.S.C. § 303

Qualifications and disabilities

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 303, Qualifications and disabilities, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437282
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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.

Legislative history

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