2013 US Code
Title 12 - Banks and Banking
Chapter 3 - FEDERAL RESERVE SYSTEM (§§ 221 - 522)
Subchapter V - FEDERAL DEPOSIT INSURANCE CORPORATION (§§ 264 - 266)
Section 266 - State-chartered banks and other institutions as depositaries of public money; fiscal agents; duties
Publication Title | United States Code, 2012 Edition, Supplement 1, Title 12 - BANKS AND BANKING |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 12 - BANKS AND BANKING CHAPTER 3 - FEDERAL RESERVE SYSTEM SUBCHAPTER V - FEDERAL DEPOSIT INSURANCE CORPORATION Sec. 266 - State-chartered banks and other institutions as depositaries of public money; fiscal agents; duties |
Contains | section 266 |
Date | 2013 |
Laws in Effect as of Date | January 16, 2014 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 95-147, §2(d), Oct. 28, 1977, 91 Stat. 1228. |
Statutes at Large Reference | 91 Stat. 1228 |
Public Law Reference | Public Law 95-147 |
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Banks, savings banks, and savings and loan, building and loan, homestead associations (including cooperative banks), and credit unions created under the laws of any State and the deposits or accounts of which are insured by a State or agency thereof or corporation chartered pursuant to the laws of any State may be depositaries of public money and may be employed as fiscal agents of the United States. The Secretary of the Treasury is authorized to deposit public money in any such institution, and shall prescribe such regulations as may be necessary to enable such institutions to become depositaries of public money and fiscal agents of the United States. Each such institution shall perform all such reasonable duties as depositary 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.
(Pub. L. 95–147, §2(d), Oct. 28, 1977, 91 Stat. 1228.)
CODIFICATIONSection was not enacted as part of the Federal Reserve Act, which comprises this chapter.
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