National Banks to signify intention to become members. 1 1 2 Payments, how made.. 2222624434 May be Government depositaries and required to act as fiscal agents..... To receive checks at par.. Required to purchase 2% Government bonds at par after two FEDERAL RESERVE BOARD How appointed.... Secretary of the Treasury, Comptroller of the Currency, mem First meeting.. 11 Members ineligible to serve as Directors or officers of member banks for two years after retirement. 11 10 Vacancies, how filled.... 12 10 Powers in conflict with those of the Secretary of the Treasury. To act as clearing house for Federal Reserve Banks.. 19 16 Expenses of issue, how paid 19 16 FOREIGN BRANCHES National banks may establish when. Regulations to be prescribed by Federal Reserve Board May be required to act as fiscal agents of United States.. GOLD RESERVE G. Limitation of liabilities extended to include debts due Federal Need not deposit U. S. Government bonds before commencing business... Reduction of Capital Stock, how affected. For failure to signify acceptance of provisions of this act.. For violating provisions by State Bank Members. 20 27 17 |