FEDERAL · 12 U.S.C. · Chapter 11
Depositaries of public money; financial agents
Current through Pub. L. 119-102
When designated for that purpose by the Secretary of the Treasury, each Federal Home Loan Bank shall be a depositary of public money, except receipts from customs, under such regulations as may be prescribed by said Secretary; and it may also be employed as a financial agent of the Government; and it shall perform all such reasonable duties as depositary of public money and financial agent of the Government as may be required of it.
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12 U.S.C. § 1434 (Depositaries of public money; financial agents) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Federal Home Loan Bank v. Deutsche Bank Securities, Inc.
736 F. Supp. 2d 1283 (W.D. Washington, 2010)
Source Credit
History
(July 22, 1932, ch. 522, §14, 47 Stat. 736.)