---
kind: "section"
citation: "12 U.S.C. § 286"
title: "12"
title_heading: "Banks and Banking"
number: "286"
heading: "Transfers of stock; rules and regulations"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/286"
units:
  - "Chapter 3 — Federal Reserve System"
  - "Subchapter VI — Capital and Stock of Federal Reserve Banks; Dividends and Earnings"
---

# §286. Transfers of stock; rules and regulations


The [Board](/usc/12/221a.md?p=a) of Governors of the Federal Reserve System is empowered to adopt and promulgate rules and regulations governing the transfers of said stock.


## Source credit

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

## Notes

### Editorial Notes

### Codification

Section is based on the twelfth 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.

### Statutory Notes and Related Subsidiaries

### Change of Name

Section 203(a) of act Aug. 23, 1935, changed name of Federal Reserve Board to Board of Governors of the Federal Reserve System.