12 USC 245 - Vacancies During Recess of Senate

The President shall have power to fill all vacancies that may happen on the Board of Governors of the Federal Reserve System during the recess of the Senate by granting commissions which shall expire with the next session of the Senate.

(Dec. 23, 1913, ch. 6, §10 (par.), 38 Stat. 260; June 3, 1922, ch. 205, 42 Stat. 620; Aug. 23, 1935, ch. 614, title II, §203(a), 49, Stat. 704.)

Sections:  Previous  226  227  228  241  242  243  244  245  246  247  247a  247b  248  248-1  248a  Next

Last modified: October 26, 2015