Fabio
76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
42 lines
1.6 KiB
Markdown
42 lines
1.6 KiB
Markdown
---
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type: "LegalText"
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title: "12 U.S.C. § 394"
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description: "Federal reserve banks as depositaries for and fiscal agents of Home Owners’ Loan Corporation"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 12
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title_name: "BANKS AND BANKING"
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chapter_number: "3"
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chapter_name: "FEDERAL RESERVE SYSTEM"
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section: "394"
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citation: "12 U.S.C. § 394"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
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source_identifier: "/us/usc/t12/s394"
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source_file: "data/legal/raw/us/code/title-12/usc12.xml"
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source_hash: "3ea463ac9498079c6b8c16def74489b61a984ed443f6fc8ef71c4090d2abd287"
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raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
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text_hash: "d646caa97f390398b160d942eb53b05a316c49be0e27dee70621a6b33660d945"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 12 U.S.C. § 394 - Federal reserve banks as depositaries for and fiscal agents of Home Owners’ Loan Corporation
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## Text
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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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(Apr. 27, 1934, ch. 168, § 8, 48 Stat. 646.)
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## Notes
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Statutory Notes and Related Subsidiaries
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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.
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