§346 Discount of Acceptances

Words “hereinafter described” are from the sixth par. of section 13 of the Federal Reserve Act, see Codification note below. Reference could be to acceptances described in the remaining paragraphs of section 13, which are contained in section 82, 347, 347c, and 372 of this title, or to acceptances described in subsequent sections of the Federal Reserve Act, section 14 et seq. of act Dec. 23, 1913. Codification Section is comprised of the sixth par. of section 13 of act Dec. 23, 1913, as amended. The sixth par. constituted the fourth par. of section 13 in 1916 (39 Stat. 752), became the fifth par. in 1923 (42 Stat. 1478), and became the sixth par. in 1932 (47 Stat. 715). For further details, see Codification notes under section 343 and 344 of this title. For classification to this title of other pars. of section 13, see Codification note set out under section 342 of this title.