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Volume 52

Public Law 75–489

Amending paragraph (4) of subsection (n) of section 12B of the Federal Reserve Act, as amended.

Approved June 16, 1938

Statutory text

JOINT RESOLUTION

Amending paragraph (4) of subsection (n) of section 12B of the Federal Reserve Act, as amended.

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled,

That paragraph (4) of

Federal Deposit Insurance Corporation.

Power to make loans, etc., to avert threatened loss.

49 Stat. 1237.

12 U. S. C., Supp. III, § 264 (n) (4).

subsection (n) of section 12B of the Federal Reserve Act, as amended, is amended by striking out “Until July 1, 1938, whenever” and inserting in lieu thereof “Whenever”.

Approved, June 16, 1938.

Parsed from the official Statutes at Large USLM XML in 52.xml