Subchapter XVI. Civil Liability of Federal Reserve and Member Banks, Shareholders, and Officers 12 U.S. Code §501. Liability of Federal reserve or member bank for certifying check when amount of deposit was inadequate 12 U.S. Code §501a. Forfeiture of franchise of national banks for failure to comply with provisions of this chapter 12 U.S. Code §502. Liability of shareholders of Federal reserve banks on contracts, etc. 12 U.S. Code §503. Liability of directors and officers of member banks 12 U.S. Code §504. Civil money penalty 12 U.S. Code §505. Civil money penalty 12 U.S. Code §506. Notice after separation from service