Corporation as fiscal agent of Government

7 U.S.C. § 1512

• Title: 7 — Agriculture
• Chapter: SUBCHAPTER I—FEDERAL CROP INSURANCE

Text

When designated for that purpose by the Secretary of the Treasury, the Corporation shall be a depository 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 a depository of public money and financial agent of the Government, as may be required of it.

History

(Feb. 16, 1938, ch. 30, title V, §512, 52 Stat. 75.)

Editorial Notes

Executive Documents

Transfer of Functions
Administration of program of Federal Crop Insurance Corporation transferred to Secretary of Agriculture by 1946 Reorg. Plan No. 3, §501, eff. July 16, 1946, 11 F.R. 7877, 60 Stat. 1100. See note set out under section 1503 of this title.
Wartime consolidation of Federal Crop Insurance Corporation into Agricultural Conservation and Adjustment Administration, see note set out under section 1503 of this title.