12 U.S.C. § 483
Special examination of member banks; information of condition furnished to Board of Governors of the Federal Reserve System
United States · Title 12 — BANKS AND BANKING · Status: effective
Cite this
- Citation
- 12 U.S.C. § 483, Special examination of member banks; information of condition furnished to Board of Governors of the Federal Reserve System, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437396
- Permanent ID
ys:prov:437396@1- SHA-256
a6366b2337881f4b8ad28f3c9081719a8a080a4f64b0bdc041d409ad80f71a72
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
In addition to the examinations made and conducted by the Comptroller of the Currency, every Federal reserve bank may, with the approval of the Federal reserve agent or the Board of Governors of the Federal Reserve System, provide for special examination of member banks within its district. The expense of such examinations may, in the discretion of the Board of Governors of the Federal Reserve System, be assessed against the banks examined, and, when so assessed, shall be paid by the banks examined. Such examinations shall be so conducted as to inform the Federal reserve bank of the condition of its member banks and of the lines of credit which are being extended by them. Every Federal reserve bank shall at all times furnish to the Board of Governors of the Federal Reserve System such information as may be demanded concerning the condition of any member bank within the district of the said Federal reserve bank.
Legislative history
We haven't linked the enacting public law for this provision yet. That means it is missing from our records, not that no law enacted it.