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7 U.S.C. § 1510

Deposit and investment of funds; Federal Reserve banks as fiscal agents

United States · Title 7 — AGRICULTURE · Status: effective

Banking, Finance & Insurance
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7 U.S.C. § 1510, Deposit and investment of funds; Federal Reserve banks as fiscal agents, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/429554
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All money of the Corporation not otherwise employed may be deposited with the Treasurer of the United States or in any bank approved by the Secretary of the Treasury, subject to withdrawal by the Corporation at any time, or with the approval of the Secretary of the Treasury may be invested in obligations of the United States or in obligations guaranteed as to principal and interest by the United States. Subject to the approval of the Secretary of the Treasury, the Federal Reserve banks are hereby authorized and directed to act as depositories, custodians, and fiscal agents for the Corporation in the performance of its powers conferred by this subchapter.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.