12-U.S.C.-246

12-U.S.C.-246

§246 – Powers of Secretary of The Treasury As Affected By Chapter

Pathway

Title 12 > Chapter 3 > Subchapter II > Section 246

Details

  • Reference: Section 246
  • Legend: §246 – Powers of Secretary of The Treasury As Affected By Chapter
  • USCode Year: 2013

Provision Content

Nothing in this chapter contained shall be construed as taking away any powers heretofore vested by law in the Secretary of the Treasury which relate to the supervision, management, and control of the Treasury Department and bureaus under such department, and wherever any power vested by this chapter in the Board of Governors of the Federal Reserve System or the Federal reserve agent appears to conflict with the powers of the Secretary of the Treasury, such powers shall be exercised subject to the supervision and control of the Secretary.

(Dec. 23, 1913, ch. 6, §10 (par.), 38 Stat. 261; June 3, 1922, ch. 205, 42 Stat. 621; Aug. 23, 1935, ch. 614, title II, §203(a), 49 Stat. 704.)

References in Text

This chapter, referred to in text, was in the original this Act, meaning act Dec. 23, 1913, ch. 6, 38 Stat. 251, as amended, known as the Federal Reserve Act. For complete classification of this Act to the Code, see References in Text note set out under section 226 of this title and Tables.

Codification

Section is comprised of sixth par. of section 10 of act Dec. 23, 1913. For classification to this title of other pars. of section 10, see Codification note set out under section 241 of this title.

Change of Name

Section 203(a) of act Aug. 23, 1935, changed name of Federal Reserve Board to Board of Governors of the Federal Reserve System.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-2810 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-2810, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-244 in the Legal Encyclopedia: Federal Reserve System

In this entry about 12-U.S.C.-244, find legal reference material, bibliographies and premiere content related to federal reserve system in the American Encyclopedia of Law, presenting a comprehensive view of the United States federal reserve system-specific issues, written by authorities in the field.

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