TIME DIVISION INFORMATION TRANSMITTING AND RECEIVING SYSTEMS

In a system of transmitting and receiving elements of information on a time division basis over a common transmission line interconnecting a plurality of stations, the information transmitting and receiving circuit of each station comprises an address counter, an address decoder, a selection code decoder, a transmission address selecting circuit and a reception address selecting circuit. The transmission address selecting circuit and reception address selecting circuit determine information transmitting and receiving time slots by a function type determining signal which is produced by the selection code decoder in response to an externally applied bias code and outputs from the address decoder.