20 29 20 11 (d) 12 Circulating notes, issuance to national banking associations. 29 Additional deposits by banks may be required by Board. Compensation. (See Agents, Attorney, Employers, Officers, Comptroller of Currency, use of records of.... Consolidated bank bonds and debentures, exempt from taxation..... Cooperative banks, eligibility of Council, advisory.. Criminal actions. (See Penalties.) Counterfeiting of obligations, penalty for.... Criminal code of United States, application to---- Customs receipts, excepted from powers as depositary. Debentures: Ꭰ Issuance by banks, authority and limitations.. Deceit, penalty for. 6 (i) 6 Definitions__ Restrictions controlling declaration and payment... Division of member banks into groups. 6 (k) 7 (e) 11 (e) 12 11 (f) 12 2 (3) 20 4 (b) 22481 22 18 222007 3 6 16 E Embezzlement, penalty for.. Estate taxes, no exemption from... Examination: Consent by applicant as a condition precedent to advance. 22 (b) 8 Governmental agencies may aid in May be required by Board........ Semiannual, of Federal home loan banks. 22 222 21 (c) 18 13 15 19 22 (a) 19 20 Examiners, duties and powers__ 20 17 18 Exemption. (See Taxation.) Expenses: Appropriation for... Assessments for.. 18 (b) 17 Payment of.. 19 17 F Failure of borrower to comply with regulations, effect.. Federal Advisory Council.. Federal Home Loan Bank Board: Appointment, compensation, oath of office, political affilia tion, salary, term, filling of vacancies... Acting chairman, to be designated by chairman_ Defined.. 2 (1) Duties and powers: In general.. 17 In interbank relations: To regulate power of banks to issue bonds, debentures, 11 (a) To regulate power of banks to borrow. 11 (a) To determine the amount of collateral depositable in To regulate collateral deposited by banks.. 6 (e) To incur and allow for necessary expenditures.. To regulate investment of banks' current assets_ To select and employ personnel necessary to assist it.. 19 To call payments on stock subscribed by Secretary of 6 (f) To fix price at which additional stock shall be issued.. To withhold payment for stock retired on liquidation Home mortgage loan, defined. (See also Advances, amount, collateral)_ 2 (5) Net cost of, as determining permissibility of advances.... 5 On loans made under section 2 of National Housing Act. 10a 10b On notes of borrower securing advances.. 10 (c) Investment: Of current assets. Of reserves_ 11 (g), 11 (h) 3 11 16 National Bank Act, provisions shall relate to examiners. National banking associations, extension of circulating privileges to.. National Housing Act: Advances to members, on mortgages insured thereunder.. 10 (a), (1) 9 11 Organization certificate, filing of.. Organizations, eligibility of Overvaluation, willful, penalty for. Oath of office, Federal Home Loan Bank Board members.... 17 Authority to issue.. Officers, bonding, compensation, dismissal, duties, employment, and selection___ 42222 16 11 (a) 12 15 15 23 12 12 24 (a) 21 (a) Р Payment, obligations acceptable in.. Powers. (See Federal Home Loan Bank Board-duties and Public funds, Federal home loan bank may be depositary of 12 R Real property: May be leased, purchased, held, and disposed of.... May not be acquired or leased for more than 10 years for 12 Taxes, no exemption from. 13 Valuation, certification of.. Receipts from assessments deposited in Treasury Reconstruction Finance Corporation Act, amendment to, 19 2 2309 14 14 15 10 (b) 10 17 Report, annual to Speaker of House of Representatives.. |