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2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1795g Depositories, custodians, and fiscal agents us united_states_code code_section 12 BANKS AND BANKING 14 FEDERAL CREDIT UNIONS 1795g 12 U.S.C. § 1795g current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s1795g data/legal/raw/us/code/title-12/usc12.xml 53ca159292ecd48402b2c43226633df9297848219974542cc9f089d2a7dc4352 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 3430ec9e501953f9e74ac51e6d4b6fdd36de2c2f6c192b7f0d4236761f633b94 2026-07-04 official
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12 U.S.C. § 1795g - Depositories, custodians, and fiscal agents

Text

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.

(June 26, 1934, ch. 750, title III, formerly subch. III, § 308, as added and amended Pub. L. 95630, title V, § 502(b), title XVIII, § 1802, Nov. 10, 1978, 92 Stat. 3681, 3723; Pub. L. 96221, title III, § 309(a)(4), (b)(1), (2), Mar. 31, 1980, 94 Stat. 149.)

Notes

Editorial Notes

Codification Section 309(b)(1) of Pub. L. 96221 redesignated subch. III as title III of act June 26, 1934, ch. 750, cited as a credit to this section.

Amendments1980—Pub. L. 96221, § 309(a)(4), (b)(2), substituted “Board” for “Administrator”, such change having been made previously by Pub. L. 95630, 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. 95630, § 502(b), substituted “Board” for “Administrator”.

Statutory Notes and Related Subsidiaries

Effective Date of 1978 AmendmentAmendment effective on expiration of 120 days after Nov. 10, 1978, and transitional provisions, see section 509 of Pub. L. 95630, set out as a note under section 1752 of this title.

Effective DateSection effective Oct. 1, 1979, see section 1806 of Pub. L. 95630, set out as a note under section 1795 of this title.