Codification
Section, [act Dec. 23, 1913, ch. 6, § 9] (par.), as added [Aug. 23, 1935, ch. 614], title II, § 202, [49 Stat. 704], related to waiver of the requirements of sections 321 to 338 of this title for admission to membership in the case of a bank which was required to become a member of the Federal Reserve System under a former provision of subsection (y) of former [section 264 of this title], which provision was repealed by [act June 20, 1939, ch. 214, § 2], [53 Stat. 842].
This section was based on the twelfth par. of section 9 of act Dec. 23, 1913, as amended. The twelfth par. constituted the eleventh par. of section 9 when added in 1935, and became the twelfth par. in 1950 ([64 Stat. 458]). For further details, see Codification note set out under [section 321 of this title].