2015 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 3 - Federal Reserve System (Sections 221 - 522)
Subchapter XI - Depositaries and Fiscal Agents (Sections 391 - 395)
Sec. 395 - Federal reserve banks as depositaries, custodians and fiscal agents for Commodity Credit Corporation

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 3 - FEDERAL RESERVE SYSTEM
SUBCHAPTER XI - DEPOSITARIES AND FISCAL AGENTS
Sec. 395 - Federal reserve banks as depositaries, custodians and fiscal agents for Commodity Credit Corporation
Containssection 395
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard
Source CreditJuly 16, 1943, ch. 241, §3, 57 Stat. 566.
Statutes at Large References57 Stat. 566
60 Stat. 1100
67 Stat. 633

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12 U.S.C. § 395 (2015)
§395. Federal reserve banks as depositaries, custodians and fiscal agents for Commodity Credit Corporation

The Federal Reserve banks are authorized to act as depositaries, custodians, and fiscal agents for the Commodity Credit Corporation.

(July 16, 1943, ch. 241, §3, 57 Stat. 566.)

TRANSFER OF FUNCTIONS

Administration of program of Commodity Credit Corporation transferred to Secretary of Agriculture by Reorg. Plan No. 3 of 1946, §501, eff. July 16, 1946, 11 F.R. 7877, 60 Stat. 1100. See Appendix to Title 5, Government Organization and Employees.

EXCEPTIONS FROM TRANSFER OF FUNCTIONS

Functions of Corporations of Department of Agriculture, boards of directors and officers of such corporations, Advisory Board of Commodity Credit Corporation, and Farm Credit Administration or any agency, officer or entity of, under, or subject to supervision of Administration were excepted from functions of officers, agencies, and employees transferred to Secretary of Agriculture by Reorg. Plan No. 2 of 1953, §1, eff. June 4, 1953, 18 F.R. 3219, 67 Stat. 633, set out in the Appendix to Title 5, Government Organization and Employees.

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