The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL. RESERVE BANK OF DALLAS Dallas, Texas, June 18, 1934 To the Member Bank Addressed: For your information I wish to advise that Congress has repealed that part of Section 31 of the Banking Act of 1933 providing for minimum stock holding requirements of directors. The effect of the elimination of that part of Section 31 is to restore previous requirements as to the minimum holdings of directors* qualifying shares. Yours very truly, Federal Reserve Agent This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
@FedFRASER