---
kind: "unit"
title: "12"
title_heading: "Banks and Banking"
key: "ch3"
level: "chapter"
label: "Chapter 3"
heading: "Federal Reserve System"
release: "119-102"
url: "https://uscodex.org/usc/12/ch3"
sections_count: 168
---

# Chapter 3 — Federal Reserve System

Title 12 — Banks and Banking

## Contents

- [Subchapter I — Definitions, Organization, and General Provisions Affecting System](/usc/12/ch3-schI.md)
- [Subchapter II — Board of Governors of the Federal Reserve System](/usc/12/ch3-schII.md)
- [Subchapter III — Federal Advisory Council](/usc/12/ch3-schIII.md)
- [Subchapter IV — Federal Open Market Committee](/usc/12/ch3-schIV.md)
- [Subchapter V — Federal Deposit Insurance Corporation](/usc/12/ch3-schV.md)
- [Subchapter VI — Capital and Stock of Federal Reserve Banks; Dividends and Earnings](/usc/12/ch3-schVI.md)
- [Subchapter VII — Directors of Federal Reserve Banks; Reserve Agents and Assistants](/usc/12/ch3-schVII.md)
- [Subchapter VIII — State Banks as Members of System](/usc/12/ch3-schVIII.md)
- [Subchapter IX — Powers and Duties of Federal Reserve Banks](/usc/12/ch3-schIX.md)
- [Subchapter X — Powers and Duties of Member Banks](/usc/12/ch3-schX.md)
- [Subchapter XI — Depositaries and Fiscal Agents](/usc/12/ch3-schXI.md)
- [Subchapter XII — Federal Reserve Notes](/usc/12/ch3-schXII.md)
- [Subchapter XIII — Circulating Notes and Bonds Securing Same](/usc/12/ch3-schXIII.md)
- [Subchapter XIV — Bank Reserves](/usc/12/ch3-schXIV.md)
- [Subchapter XV — Bank Examinations](/usc/12/ch3-schXV.md)
- [Subchapter XVI — Civil Liability of Federal Reserve and Member Banks, Shareholders, and Officers](/usc/12/ch3-schXVI.md)
- [Subchapter XVII — Reserve-Bank Branches](/usc/12/ch3-schXVII.md)