12 U.S.C. 461: Reserve requirements

2010

• Pub. L. 111–203 substituted "Comptroller of the Currency" for "Director of the Office of Thrift Supervision". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (b), (4)

2006

• Pub. L. 109–351, §202, substituted "a ratio of not greater than 3 percent (and which may be zero)" for "the ratio of 3 per centum" in cl. (i) and "(and which may be zero)," for "and not less than 8 per centum," in cl. (ii). (Financial Services Regulatory Relief Act of 2006) Law text · (b)
• Pub. L. 109–351, §201(b)(1), redesignated subpars. (D) and (E) as (C) and (D), respectively, and struck out former subpar. (C) which read as follows: "The supplemental reserve authorized under subparagraph (A) shall be maintained by the Federal Reserve banks in an Earnings… (Financial Services Regulatory Relief Act of 2006) Law text · (b)
• Pub. L. 109–351, §201(a), added par. (12). (Financial Services Regulatory Relief Act of 2006) Law text · (b)
• Pub. L. 109–351, §201(b)(2), substituted "subsection (b)" for "subsection (b)(4)(C)". (Financial Services Regulatory Relief Act of 2006) Law text · (c)
• Pub. L. 109–351, §603, struck out "which is not a member bank" after "balances maintained by a depository institution". (Financial Services Regulatory Relief Act of 2006) Law text · (c)

1989

• Pub. L. 101–73, §744(i)(2), amended cl. (vi) generally. Prior to amendment, cl. (vi) read as follows: "any insured institution as defined in section 1724 of this title or any institution which is eligible to make application to become an insured institution under section 1726… · (b)
• Pub. L. 101–73, §744(i)(3), substituted "Director of the Office of Thrift Supervision" for "Federal Home Loan Bank Board". · (b), (4)

1982

• Pub. L. 97–320, §411(c), added subpar. (E) and redesignated former subpar. (E) as (F). · (b), (F)
• Pub. L. 97–320, §411(b), inserted "except as provided in paragraph (11)". · (b)
• Pub. L. 97–320, §708(1), substituted provisions relating to reserve requirements for banks which withdraw from the Federal Reserve System for provision that any bank which was a member bank on July 1, 1979, and which withdrew from membership in the Federal Reserve System durin… · (b)
• Pub. L. 97–320, §708(2), struck out "on or" after "Reserve System". · (b)
• Pub. L. 97–320, §411(a), added par. (11). · (b)

1981

• Pub. L. 97–35 substituted provisions relating to applicability to any depository institution that was on Aug. 1, 1978, engaged in such business in a State outside the continental limits and was not a member of the Federal Reserve System at any time on or after such date, for prov… · (b)

1980

• Pub. L. 96–221, §103, substituted provisions setting forth additional definitions applicable to reserve requirements and requirements respecting amounts of reserves maintained against transaction accounts, waiver of ratio limits in extraordinary circumstances, supplemental reserves, re… · (b)
• Pub. L. 96–221, §104(a), substituted provisions relating to the promulgation of rules and regulations respecting maintenance of balances, for provisions relating to form of reserves held by member banks. · (c)

1974

• Pub. L. 93–501 substituted "and, regardless of the use of the proceeds, shall be deemed a deposit" for "shall be deemed a deposit". · (a)

1969

• Pub. L. 91–151, §4(a), authorized Board to determine type of obligations that would be deemed deposits. · (a)
• Pub. L. 91–151, §5, authorized Board to prescribe ratio of indebtedness of member banks to foreign banks, up to a maximum of 22 percent. · (b)

1966

• Pub. L. 89–597 designated first par. provisions of section 19 of act Dec. 23, 1913, as subsec. (a), substituted a general provision authorizing Board to define terms used in sections 142, 371a, 371b, 374, 374a, and 463 to 466 of this title for former provisions defining terms "demand deposits", "gr…