§ 531.
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.
([Dec. 23, 1913, ch. 6, § 7(c)], [38 Stat. 258]; [Mar. 3, 1919, ch. 101, § 1], [40 Stat. 1314]; [Pub. L. 103–66, title III, § 3002(c)(2)], Aug. 10, 1993, [107 Stat. 338].)