12 U.S.C. § 356
Title 12
Chapter 3
Current through PL 116-220
~1 min read
Last updated: March 30, 2026
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§ 356. Purchase of commercial paper from member banks and sale of same
Every Federal reserve bank shall have power to purchase from member banks and to sell, with or without its indorsement, bills of exchange arising out of commercial transactions, as hereinbefore defined.
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