Statute · United States Code

22 U.S.C. § 290g-5 — Federal Reserve banks as depository for the Fund; supervision

22 U.S.C. § 290g-5

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
general

Any Federal Reserve bank which is requested to do so by the President shall act as a depository for the Fund, and the Board of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.

Any Federal Reserve bank which is requested to do so by the President shall act as a depository for the Fund, and the Board of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.