2017 US Code
Title 12 - Banks and Banking
Chapter 3 - Federal Reserve System
Subchapter XI - Depositaries and Fiscal Agents
Sec. 393 - Federal reserve banks as depositaries for Farm Credit System

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Citation 12 U.S.C. § 393 (2017)
Section Name §393. Federal reserve banks as depositaries for Farm Credit System
Section Text

The Federal Reserve banks are authorized to act as depositaries for and fiscal agents of any Federal land bank, Federal intermediate credit bank, bank for cooperatives, or other institutions of the Farm Credit System.

Source Credit

(Dec. 23, 1913, ch. 6, §15 (par.), as added Mar. 4, 1923, ch. 252, title IV, §406, 42 Stat. 1480; amended Pub. L. 92–181, title V, §5.41, formerly §5.27(b), Dec. 10, 1971, 85 Stat. 625; renumbered §5.41(b), Pub. L. 99–205, title II, §205(a)(2), Dec. 23, 1985, 99 Stat. 1703; renumbered §5.41, Pub. L. 100–233, title VIII, §805(ff)(2), Jan. 6, 1988, 101 Stat. 1717.)

Editorial Notes CODIFICATION

Section is comprised of third par. of section 15 of act Dec. 23, 1913, as added Mar. 4, 1923. Pars. 1 and 2 of section 15 are classified to sections 391 and 392, respectively, of this title.

AMENDMENTS

1971—Pub. L. 92–181 substituted "Federal land bank, Federal intermediate credit bank, bank for cooperatives, or other institutions of the Farm Credit System" for "national agricultural credit corporation or Federal intermediate credit bank".

Publication Title United States Code, 2012 Edition, Supplement 5, 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 XI - DEPOSITARIES AND FISCAL AGENTS
Sec. 393 - Federal reserve banks as depositaries for Farm Credit System
Contains section 393
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 42 Stat. 1480
85 Stat. 625
99 Stat. 1703
101 Stat. 1717
Public Law References Public Law 92-181, Public Law 99-205, Public Law 100-233
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