§ 281

Capital

12 U.S.C. § 281.

1 min read

Subchapter: CAPITAL AND STOCK OF FEDERAL RESERVE BANKS; DIVIDENDS AND EARNINGS

No Federal reserve bank shall commence business with a subscribed capital less than $4,000,000.

Release: pl-119-59 (2025-12-18)

Capital

12 U.S.C. § 281.

1 min read

Subchapter: CAPITAL AND STOCK OF FEDERAL RESERVE BANKS; DIVIDENDS AND EARNINGS

No Federal reserve bank shall commence business with a subscribed capital less than $4,000,000.

Release: pl-119-59 (2025-12-18)