Gold Bullion Investment

BankConservation1933 #4 Emergency Banking Relief Act of 1933

tucnak.fsv.cuni.cz violation may be punished by a like fine, imprisonment, or both. As used in this subdivision the term ‘person’ means an individual, partnership, association, or corporation. Sec. 3. Section 11 of the Federal Reserve Act is amended by adding at the end thereof the following new subsection: ”(n) Whenever in the judgment of the Secretary of the Treasury such action is necessary to protect the currency system of the United States, the Secretary of the Treasury, in his discretion, may require any or all individuals, partnerships, associations and corporations to pay and deliver to the Treasurer of the United States any or all gold coin, gold bullion, and gold certificates owned by such individuals, partnerships, associations and corporations. Upon receipt of such gold coin, gold bullion

Tags: 1933, BankConservation1933, Banking, Emergency, Relief