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.
Dec. 23, 1913, ch. 6, § 15 Mar. 4, 1923, ch. 252 42 Stat. 1480 Pub. L. 92–181, title V, § 585 Stat. 625 Pub. L. 99–205, title II, § 205(a)(2)99 Stat. 1703 Pub. L. 100–233, title VIII, § 805(ff)(2)101 Stat. 1717 ( (par.), as added , title IV, § 406, ; amended .41, formerly § 5.27(b), , ; renumbered § 5.41(b), , , ; renumbered § 5.41, , , .)
Editorial Notes
Codification
Section is comprised of third par. of section 15 of act , as added . Pars. 1 and 2 of section 15 are classified to sections 391 and 392, respectively, of this title.
Amendments
Pub. L. 92–1811971— 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”.