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12 USC § 121 - Repealed. Pub. L. 103–325, title VI, § 602(f)(4)(B), Sept. 23, 1994, 108 Stat. 2292

---
identifier: "/us/usc/t12/s121"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 121 - Repealed. Pub. L. 103–325, title VI, § 602(f)(4)(B), Sept. 23, 1994, 108 Stat. 2292"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "121"
section_name: "Repealed. Pub. L. 103–325, title VI, § 602(f)(4)(B), Sept. 23, 1994, 108 Stat. 2292"
chapter_number: 2
chapter_name: "NATIONAL BANKS"
subchapter_number: "VI"
subchapter_name: "REDEMPTION AND REPLACEMENT OF CIRCULATING NOTES"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
status: "repealed"
---

# § 121. Repealed. Pub. L. 103–325, title VI, § 602(f)(4)(B), Sept. 23, 1994, 108 Stat. 2292

Section, acts , ; , ; , , provided that every national banking association was to establish reserve in Treasury for redemption of notes by Treasurer of United States, forward notes unfit for use to Treasurer for disposition, and reimburse expenses of Treasury.