(a) Electronic or written record. A member bank’s holding of Reserve
Bank capital stock shall be represented by one (or at the option of
the Reserve Bank, more than one) notation on the Reserve Bank’s books.
Such books may be electronic or in writing. Upon any issue or cancellation
of Reserve Bank capital stock, the Reserve Bank shall record the member
bank’s new share position in its books (or eliminate the bank’s share
position from its books, as the case may be).
(b) Certification. A Reserve Bank
may certify on request as to the number of shares held by a member
bank and purchased before March 28, 1942, or as to the purchase and
cancellation dates and prices of shares cancelled, as the case may
be.