§ 374.
No member bank shall act as the medium or agent of a nonmember bank in applying for or receiving discounts from a Federal reserve bank under the provisions of this chapter, except by permission of the Board of Governors of the Federal Reserve System.
([Dec. 23, 1913, ch. 6, § 19(e)], formerly § 19 (par. 8), [38 Stat. 270]; [June 21, 1917, ch. 32, § 10], [40 Stat. 239]; [Aug. 23, 1935, ch. 614], title II, § 203(a), [49 Stat. 704]; renumbered § 19(e), [Pub. L. 89–597, § 2(b)], Sept. 21, 1966, [80 Stat. 824].)