2019 US Code
Title 12 - Banks and Banking
Chapter 50 - Check Truncation
Sec. 5016 - Statistical reporting of costs and revenues for transporting checks between reserve banks

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Citation 12 U.S.C. § 5016 (2019)
Section Name §5016. Statistical reporting of costs and revenues for transporting checks between reserve banks
Section Text

In the annual report prepared by the Board for the first full calendar year after October 28, 2003, and in each of the 9 subsequent annual reports by the Board, the Board shall include the amount of operating costs attributable to, and an estimate of the Federal Reserve banks' imputed revenues derived from, the transportation of commercial checks between Federal Reserve bank check processing centers.

Source Credit

(Pub. L. 108–100, §17, Oct. 28, 2003, 117 Stat. 1191.)

Editorial Notes EFFECTIVE DATE

Section effective at the end of the 12-month period beginning on Oct. 28, 2003, see section 20 of Pub. L. 108–100, set out as a note under section 5001 of this title.

Publication Title United States Code, 2018 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 50 - CHECK TRUNCATION
Sec. 5016 - Statistical reporting of costs and revenues for transporting checks between reserve banks
Contains section 5016
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law No
Disposition standard
Statutes at Large References 117 Stat. 1191
Public Law References Public Law 108-100
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