2016 US Code
Title 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
| 12 U.S.C. § 1789a (2016) |
| §1789a. Credit unions as depositaries of public money; fiscal agents; duties |
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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. |
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(June 26, 1934, ch. 750, title II, §210, as added Pub. L. 95–147, §2(c)(1), Oct. 28, 1977, 91 Stat. 1227.) |
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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. |
| United States Code, 2012 Edition, Supplement 4, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 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 |
| section 1789a |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 91 Stat. 1227 |
| Public Law 95-147 |
