Annual report, to Speaker of House of Representatives_-_-_- 20

10 (a) 2, 10 (b)

9-11

18

Application:

Attorneys:

18 (a), 19

17-18

18 (b), 19

17-18

For Federal Home-Loan Bank Board, compensation, em-
ployment selection____

19

For Federal home loan banks bonding, compensation, dis-
missal, employment selection__

12

020

17-18

14-15

10 (b)

10-11

Personal liability affecting collateral for advance...

B

Board (See Federal Home Loan Bank Board) defined.........----- 2 (1)

Adjustable by Board in proportion to unpaid principal
outstanding- -

6 (c)

Authorized issue, minimum.......

6 (a)

༠༠

3-4

Cancelation. (See Capital stock, surrender and cancela-

Circulating notes, issuance to national banking associations___ 29
Circulating privilege, suspension of prohibitions re United
States bonds..
Collateral:

21

29

21

12

6

Additional deposits by banks may be required by Board__ 11 (d)
Return to borrower on liquidation of indebtedness (See also
Advances, collateral, security)_

Consolidated bank bonds and debentures, exempt from tax-
ation__

6 (i)

Compensation. (See Agents, Attorney, Employers, Officers,
Directors.)

Comptroller of Currency, use of records of--

22 (a)

13

Council, advisory--

Cooperative banks, eligibility of..

Counterfeiting of obligations, penalty for..

Criminal actions. (See Penalties.)

Criminal code of United States, application to----

Customs receipts, excepted from powers as depositary__

Application of act to..

Stock subscriptions by its institutions..

Districts:

Allocation of borrower to..

Division into....

Location___.

Number

Dividends..

Restrictions controlling declaration and payment___
Division of member banks into groups- - - - .

E

Embezzlement, penalty for --

Estate taxes, no exemption from...-

Examination:

4 (b)

18 3222007

6

Consent by applicant as a condition precedent to advance. 22 (b)
Cost of, allocation___

F

Failure of borrower to comply with regulations, effect..........

Federal Home Loan Bank Board:

Appointment, compensation, oath of office, political affili-
ation, salary, term, filling of vacancies...
Acting chairman, to be designated by chairman_
Chairman, to be designated by the President_.

Defined..

In interbank relations:

11 (f)

12-13

To require the rediscounting of discounted notes. 11 (f)
To direct any bank to acquire the assets or
assume the liabilities of a liquidated or
reorganized bank...

12-13

26

20

To regulate the making of advances to members__

To regulate the making of advances to nonmembers.
To regulate advances to nonsubscribing borrowers.
To regulate unsecured advances...
To allocate banks to cities____

9, 10 (a) 9, 9-11 (b), (c), (d), 10a

10b
6 (e)
11 (g)
3

10-11

4-5

13

2

To regulate power of banks to issue bonds, deben-
tures, and other obligations..

11 (a)

To regulate power of banks to borrow..

11 (a)

To determine the amount of collateral depositable in
lieu of stock...

To supplement insufficient examination of borrowers. 8
To determine financial conditions of borrowing in-
stitutions___.

To regulate investment of banks' current assets.
To regulate investment of reserves-

7 (b), (c),
(d), (h)
7 (g)
7 (i)

3

17-18

78881

2

To select and employ personnel necessary to assist it. 19

To call payments on stock subscribed by Secretary of
Treasury__

6 (f)

To fix price at which additional stock shall be issued.
To require retirement of stock owned by the United
States.

6 (b)

6 (g)

To open stock subscription books..

6 (a)

To withhold payment for stock retired on liquidation
of member..

Capital. (See Capital.)

Capital Stock. (See Capital Stock.)

Consolidated bonds and debentures, excempt from taxa

tion_

Compensation of___.

7 (i)

8

Election of, rules and regulations fixable by Board.. 7 (e)

7

Qualifications..

7 (a), (b), (c), (d)

6-7

Succession____

7 (b), (c), (d)

6-7

To act as depositary of public money..

To accept deposits by members..

To act as financial agent of the Government___

To liquidate indebtedness of nonmember on failure of
enabling legislation___

To carry net earnings to reserve

To select, employ, and regulate personnel.

To purchase, hold, lease, or dispose of real estate_.

To renew 1-year advances to nonmembers__

To dispose of stock to member or new member_.
To sue or be sued..

Investment:

Of current assets_

Of other assets__.

Of reserves..

Investment character of its obligations_.

3300222

Obligations must state the United States is not obligor or

Home mortgage loan, defined. (See also Advances, amount,
collateral).

Net cost of, as determining permissibility of advances___ 5

Housing:

Real estate may not be purchased for.
Lease for, not longer than 10 years--

Impairment, capital, result on liquidation..
Improvements, advances to finance..
Income, exemption from taxation of
Inheritance taxes, no exemption from..
Insolvency of borrower, consequences of-
Installment home mortgage loan, defined_
Interest rate:

2 (5)

13

I

Charged home owner, effect on eligibility.

5

On loans made under section 2 of National Housing Act 10a
On loans made to nonmembers under title II of National
Housing Act____

10b

11-12

On notes of borrower securing advances.--

10 (c)

11

National Bank Act, provisions shall relate to examiners.---
National banking associations, extension of circulating
privileges to.__.

20

29