Absorption of Exchange Or Collection Charges by Member Banks, Hearings Before ..., 78-2 on S. 1642 and H.R. 3956 ..., December 7... 15, 1944

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231 페이지 - ... trust funds", to determine what shall be deemed to be a payment of interest, and to prescribe such rules and regulations as it may deem necessary to effectuate the purposes of this section and prevent evasions thereof : Provided, That, within the meaning of the provisions of this section regarding the reserves required of member banks, the term "time deposits...
257 페이지 - Within this part any payment to or for the account of any depositor as compensation for the use of funds constituting a deposit shall be considered interest.* (b) Exceptions.
221 페이지 - Federal reserve banks and their branches, and may at its discretion exercise the functions of a clearing house for such Federal reserve banks, or may designate a Federal reserve bank to exercise such functions, and may also require each such bank to exercise the functions of a clearing; house for its member banks.
1 페이지 - October 14, 1940, as amended, is amended by inserting before the period at the end thereof a colon and the following : "Provided further, That...
1 페이지 - Act, as amended (relating to the payment of interest by member banks on demand deposits), is amended by inserting before the period at the end thereof a colon and the following: "Provided further, That this paragraph shall not be deemed to prohibit the absorption of exchange or collection charges by member banks".
105 페이지 - UNITED STATES SENATE, COMMITTEE ON BANKING AND CURRENCY, Washington, DC The committee met at 10:30 am, pursuant to adjournment on yesterday, in room 301, Senate Office Building, Senator Robert F.
227 페이지 - In the present case, the court below naturally felt bound to follow and apply the law as clearly announced by this court. If litigants and lower federal courts are not to do so, the law becomes not a chart to govern conduct but a game of chance; instead of settling rights and liabilities it unsettles them.
261 페이지 - I did file such a bill in the Supreme Court of the United States. The Supreme Court of the United States...
268 페이지 - Board, but in no case to exceed 10 cents per $100 or fraction thereof, based on the total of checks and drafts presented at any one time, for collection or payment of checks and drafts and remission therefor by exchange or otherwise...
262 페이지 - ... nonmember bank or trust company deposits of current funds in lawful money, national-bank notes, Federal reserve notes, checks and drafts payable upon presentation, or maturing notes and bills : Provided, such nonmember bank or trust company maintains with the Federal reserve bank...

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