FEDERAL · 12 U.S.C. · Chapter 3

Federal reserve banks as depositaries for and fiscal agents of Home Owners' Loan Corporation

Current through Pub. L. 119-102
Title 12Banks and Banking·Ch. 3 — FEDERAL RESERVE SYSTEM·Subch. XI
The Federal Reserve banks are authorized, with the approval of the Secretary of the Treasury, to act as depositaries, custodians, and fiscal agents for the Home Owners' Loan Corporation.

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12 U.S.C. § 394 (Federal reserve banks as depositaries for and fiscal agents of Home Owners' Loan Corporation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Apr. 27, 1934, ch. 168, §8, 48 Stat. 646.)

Editorial Notes

Statutory Notes and Related Subsidiaries

Abolition of Home Owners' Loan Corporation
For dissolution and abolishment of Home Owners' Loan Corporation, referred to in this section, by act June 30, 1953, ch. 170, §21, 67 Stat. 126, see note set out under section 1463 of this title.