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SECTION VII—Authority to Carry Firearms

(A) In accordance with statutory and delegated authority, the Federal Reserve may authorize law enforcement officers to carry firearms while on duty. For the efficiency of operations and maintenance of proper records, this authority to designate employees to carry firearms may be delegated by the Board or the president of a Reserve Bank to law enforcement managers.
(B) Authorization to carry a firearm should be granted only where there is a significant likelihood that the law enforcement officer, in the course of performing his/her assigned duties may face—
(1) a threat of imminent death, serious bodily injury, or kidnaping to the law enforcement officer;
(2) a threat of imminent death, serious bodily injury, or kidnaping to a person under that law enforcement officer’s protection or to another law enforcement officer;
(3) a threat of imminent loss or destruction of, or serious damage to, property of substantial value that is under that law enforcement officer’s protection.
(C) Law enforcement officers are authorized to carry firearms only to conduct law enforcement activities in accordance with the policies of their law enforcement unit. No firearm other than those owned by the Board or a Reserve Bank and issued by the law enforcement officer’s law enforcement unit will be carried while on duty except upon written authorization from a law enforcement manager with responsibility for that law enforcement officer’s unit. Law enforcement officers must qualify with all firearms that they are authorized to carry.
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(D) Firearms possession by law enforcement officers not on duty shall be governed by state and local laws applicable to civilian firearms possession.
(E) Secure storage facilities shall be provided by each law enforcement unit for use by law enforcement officers. Except as set forth in VII(F) below, law enforcement officers shall place firearms issued by their law enforcement unit in these secure storage facilities when going off duty and shall retrieve the firearms from these facilities when going on duty.
(F) The storage of firearms by law enforcement officers engaged in the protection of personnel of the Board or a Reserve Bank, or guests of the Board or a Reserve Bank, while away from Federal Reserve property, shall be subject to policies and procedures adopted by the law enforcement unit based upon the requirements of that unit.
(G) Each law enforcement unit will adopt procedures for the maintenance of records with respect to the issuance, and procedures for the proper care, storage, and maintenance, of firearms, ammunition, and related equipment.
(H) Each law enforcement unit will adopt procedures that must be followed when a firearm issued or approved by a law enforcement unit is lost or stolen. These procedures should ensure that the appropriate federal, state, and/or local authorities are notified and that a detailed report on the incident is prepared and maintained by the law enforcement unit.
(I) In the event that it is necessary for a law enforcement officer to carry and/or transport firearms and other defensive equipment aboard aircraft, such firearms and equipment shall be transported in accordance with Federal Aviation Administration regulations.

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