---
kind: "section"
citation: "12 U.S.C. § 285"
title: "12"
title_heading: "Banks and Banking"
number: "285"
heading: "Nonvoting stock"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/285"
units:
  - "Chapter 3 — Federal Reserve System"
  - "Subchapter VI — Capital and Stock of Federal Reserve Banks; Dividends and Earnings"
---

# §285. Nonvoting stock


Stock not held by [member banks](/usc/12/221a.md?p=a) shall not be entitled to voting power.


## Source credit

(Dec. 23, 1913, ch. 6, § 2 (par.), 38 Stat. 253.)

## Notes

### Editorial Notes

### Codification

Section is comprised of the eleventh par. of section 2 of act Dec. 23, 1913. For classification of other pars. of section 2 of this Act, see Codification note set out under section 222 of this title.