[Code of Federal Regulations]
[Title 12, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR264b.4]

[Page 776]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 264b--RULES REGARDING FOREIGN GIFTS AND DECORATIONS--Table of Contents
 
Sec. 264b.4  Foreign decorations.

    Board Members and employees may accept, retain, and wear a 
decoration tendered in recognition of active field service in time of 
combat operations or awarded for other outstanding or unusually 
meritorious performance by a foreign government, subject to the approval 
of the Board. Without this approval, the decoration is deemed to have 
been accepted on behalf of the United States, shall become the property 
of the United States, and shall be deposited by the Board Member or 
employee, within 60 days of acceptance, with the Secretary of the Board 
for official use or disposal. Requests for Board approval of acceptance 
of such decorations shall be submitted in advance to the Vice Chairman 
of the Board.