12 U.S.C. § 531 - Exemption from taxation
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12 USC 531 - Exemption from taxation
Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate.
‹ TITLE 12 - US CODE - SUBCHAPTER I - FEDERAL RESERVE BANKS
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TITLE 12 - US CODE - SUBCHAPTER II - NATIONAL BANK CIRCULATION ›
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