...Federal reserve bank shall be conducted under the supervision and control of a board of directors. The board of directors shall perform the duties usually appertaining to the office of directors of banking associations and all such duties as are prescribed by law. Said board shall administer the...

...chairman of the board. 2 . A board of director* that was to "perform the duties usually pertaining to the office of directors of private corporations, and such other duties as are prescribed by law". (Underlining added). Thus, the corporate model was the basis for the proposal in 1919, and the precedent...

...the supervision and control of a board of directors. (12 USC 301) [7. Duties of directors generally] The board of directors shall perform the duties usually appertaining to the office of directors of banking associations and all such duties as are prescribed by law. (12 USC 301) [8. Administration...

...the supervision and control of a board of directors. (12 USC 301) [7. Duties of directors generally] The board of directors shall perform the duties usually appertaining to the office of directors of banking associations and a! such duties as are prescribed by law. (12 USC 301) [8. Administration of...

...national banliing aasooiationa under existing law, not inconsistent with the pro visions of this Act. The board of directors shall perform the duties usually appertaining to the office of directors of banking associations and all such duties as are prescribed by law. Said board shall administer the...