12 U.S.C. § 376

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)

Section 376 - Rate of interest paid to directors, etc

No member bank shall pay to any director, officer, attorney, or employee a greater rate of interest on the deposits of such director, officer, attorney, or employee than that paid to other depositors on similar deposits with such member bank.

12 U.S.C. § 376

Dec. 23, 1913, ch. 6, §22(e), as added Sept. 26, 1918, ch. 177, §5, 40 Stat. 971.

Director

The term "Director" means the Director of the Bureau.