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12 U.S.C. § 394Federal reserve banks as depositaries for and fiscal agents of Home Owners’ Loan Corporation

submitted 92 years ago by ch. 168 to r/title-12-BANKS-AND-BANKING · 29 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

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.

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

history & why it existsrecord from the source credit
  • 1934Enacted · Act of Apr. 27, 1934, ch. 168 · 48 Stat. 646

A history note hasn’t been published yet. The record shows enactment by ch. 168 on 1934-04-27.

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