12 USC § 286 - Transfers of stock; rules and regulations

---
identifier: "/us/usc/t12/s286"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 286 - Transfers of stock; rules and regulations"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "286"
section_name: "Transfers of stock; rules and regulations"
chapter_number: 3
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "VI"
subchapter_name: "CAPITAL AND STOCK OF FEDERAL RESERVE BANKS; DIVIDENDS AND EARNINGS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Dec. 23, 1913, ch. 6, § 2 (par.), 38 Stat. 253; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)"
---


# § 286. Transfers of stock; rules and regulations

The Board of Governors of the Federal Reserve System is empowered to adopt and promulgate rules and regulations governing the transfers of said stock.

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**Source Credit**: (Dec. 23, 1913, ch. 6, § 2 (par.), 38 Stat. 253; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)

## Editorial Notes

### Codification

Section is based on the twelfth par. of section 2 of act . For classification of other pars. of section 2 of this Act, see Codification note set out under .

## Statutory Notes and Related Subsidiaries

### Change of Name

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