12 U.S.C. § 5016 — Statistical reporting of costs and revenues for transporting checks between reserve banks
submitted 23 years ago by Pub. L. 108-100 to r/title-12-BANKS-AND-BANKING · 66 words · no verdicts yet
This section addresses “Statistical reporting of costs and revenues for transporting checks between reserve banks.” It states the provisions set out below.
In the annual report prepared by the Board* for the first full calendar year after October 28, 2003 , and in each of the 9 subsequent annual reports by the Board, the Board shall include the amount of operating costs attributable to, and an estimate of the Federal Reserve banks’ imputed revenues derived from, the transportation of commercial checks between Federal Reserve bank* check* processing centers.
In the annual report prepared by the Board* for the first full calendar year after October 28, 2003, and in each of the 9 subsequent annual reports by the Board, the Board shall include the amount of operating costs attributable to, and an estimate of the Federal Reserve banks’ imputed revenues derived from, the transportation of commercial checks between Federal Reserve bank* check* processing centers.
Source credit: (Pub. L. 108–100, § 17, Oct. 28, 2003, 117 Stat. 1191.)
- 2003Enacted · Pub. L. 108-100 · 117 Stat. 1191
A history note hasn’t been published yet. The record shows enactment by Pub. L. 108-100 on 2003-10-28.
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