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12 USC § 228 - “Banking Act of 1935”

---
identifier: "/us/usc/t12/s228"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 228 - “Banking Act of 1935”"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "228"
section_name: "“Banking Act of 1935”"
chapter_number: 3
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "I"
subchapter_name: "DEFINITIONS, ORGANIZATION, AND GENERAL PROVISIONS AFFECTING SYSTEM"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Aug. 23, 1935, ch. 614, § 1, 49 Stat. 684.)"
---

# § 228. “Banking Act of 1935”

act of August 23, 1935, ch. 61449 Stat. 684

The , , may be cited as the “Banking Act of 1935.”

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**Source Credit**: (Aug. 23, 1935, ch. 614, § 1, 49 Stat. 684.)

## Editorial Notes

### References in Text

The Banking Act of 1935, referred to in text, is classified to sections 2, 24, 33 to 34c, 35, 36, 51, 51a, 51b–1, 52, 59 to 61, 64a, 71a, 78, 84, 85, 170, 181, 192, 221a, 228, 241, 242, 244, 247a, 248, 263, 287, 288, 321, 324, 336, 341, 343, 347b, 352a, 355, 357, 371, 371b, 371c, 375a, 377, 378, 461, 462a–1, 462b, 465, 481, 482, 486, 619, 1702, 1703, 1709, and 1713 of this title; , Bankruptcy; , Commerce and Trade. See, also, sections 217, 218, 334, 655, 656, 709, 1005, 1906, 1909, and 2113 of Title 18, Crimes and Criminal Procedure. For complete classification of this Act to the Code see Tables.

## Statutory Notes and Related Subsidiaries

### Separability

> “If any provision of this Act, or the application thereof to any person or circumstances, is held invalid, the remainder of the Act, and the application of such provision to other persons and circumstances, shall not be affected thereby.”

, , provided: