Section is based on the twelfth par. of section 13 of act Dec. 23, 1913, as amended. The twelfth par. constituted the tenth par. of section
13 in 1916 (
39 Stat. 754), became the eleventh par. in 1923 (
42 Stat. 1478), and became the twelfth par. in 1932 (
47 Stat. 715). For further details, see Codification notes under sections
342 to
344 of this title.
Section 203(a) of act Aug. 23, 1935, changed the name of the Federal Reserve Board to Board of Governors of the Federal Reserve System.