United States Code (Last Updated: May 24, 2014) |
Title 12. BANKS AND BANKING |
Chapter 14. FEDERAL CREDIT UNIONS |
SubChapter III. CENTRAL LIQUIDITY FACILITY |
§ 1795g. Depositories, custodians, and fiscal agents
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The Federal Reserve Banks are authorized to act as depositories, custodians and/or fiscal agents for the Central Liquidity Facility in the general performance of its powers conferred by this subchapter. Each Federal Reserve Bank when designated by the Board as fiscal agent for the Central Liquidity Facility, shall be entitled to be reimbursed for all expenses incurred as such fiscal agent.
Codification
Section 309(b)(1) of Pub. L. 96–221 redesignated subch. III as title III of act June 26, 1934, ch. 750, cited as a credit to this section.
Amendments
1980—Pub. L. 96–221, § 309(a)(4), (b)(2), substituted “Board” for “Administrator”, such change having been made previously by Pub. L. 95–630, and “title” for “subchapter”, which for purposes of codification has been editorially translated as “subchapter”, thereby requiring no further change in text.
1978—Pub. L. 95–630, § 502(b), substituted “Board” for “Administrator”.
Effective Date Of Amendment
Amendment effective on expiration of 120 days after