Subchapter VII. Directors of Federal Reserve Banks; Reserve Agents and Assistants 12 U.S. Code §301. Powers and duties of board of directors; suspension of member bank for undue use of bank credit 12 U.S. Code §302. Number of members; classes 12 U.S. Code §303. Qualifications and disabilities 12 U.S. Code §304. Class A and class B directors; selection 12 U.S. Code §305. Class C directors; selection; "Federal reserve agent" 12 U.S. Code §306. Assistants to Federal reserve agent 12 U.S. Code §307. Compensation of directors 12 U.S. Code §308. Terms of directors; vacancies