§ 303.
No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal reserve bank.
No director of class B shall be an officer, director, or employee of any bank.
No director of class C shall be an officer, director, employee, or stockholder of any bank.
([Dec. 23, 1913, ch. 6, § 4] (pars.), [38 Stat. 255]; [Aug. 23, 1935, ch. 614], title II, § 203(a), [49 Stat. 704].)