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" Bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been... "
Congressional Serial Set - Página 2
1916
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Compilation of Basic Banking Laws Within the Jurisdiction of the ..., Volume 4

United States - 2001 - 1501 páginas
...and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes, the Board of Governors of the Federal Reserve System to have the right to determine or define the character...
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Federal Reserve Bulletin

1916
...be a bill which has been issued or drawn for agricultural, industrial, or commercial purposes or the proceeds of which have been used or are to be used for the purpose of producing, purchasing, carrying or marketing goods In one or more of the steps of the...
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