2012 US Code
Title 12 - Banks and Banking
Chapter 14 - FEDERAL CREDIT UNIONS (§§ 1751 - 1795k)
Subchapter II - SHARE INSURANCE (§§ 1781 - 1790e)
Section 1789a - Credit unions as depositaries of public money; fiscal agents; duties

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Metadata
Publication TitleUnited States Code, 2012 Edition, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 14 - FEDERAL CREDIT UNIONS
SUBCHAPTER II - SHARE INSURANCE
Sec. 1789a - Credit unions as depositaries of public money; fiscal agents; duties
Containssection 1789a
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawNo
Dispositionstandard
Source CreditJune 26, 1934, ch. 750, title II, §210, as added Pub. L. 95-147, §2(c)(1), Oct. 28, 1977, 91 Stat. 1227.
Statutes at Large Reference91 Stat. 1227
Public Law ReferencePublic Law 95-147

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SHARE INSURANCE - 12 U.S.C. § 1789a (2012)
§1789a. Credit unions as depositaries of public money; fiscal agents; duties

Any credit union the accounts of which are insured under this subchapter shall be a depositary of public money and may be employed as fiscal agent of the United States. The Secretary of the Treasury is authorized to deposit public money in any such insured credit union, and shall prescribe such regulations as may be necessary to enable such credit unions to become depositaries of public money and fiscal agents of the United States. Each credit union shall perform all such reasonable duties as depositaries of public money and fiscal agent of the United States as may be required of it including services in connection with the collection of taxes and other obligations owed the United States.

(June 26, 1934, ch. 750, title II, §210, as added Pub. L. 95–147, §2(c)(1), Oct. 28, 1977, 91 Stat. 1227.)

Prior Provisions

A prior section 210 of act June 26, 1934, ch. 750, was renumbered section 211 and is classified to section 1790 of this title.

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