§ 203.19. Sources of balances.
112 words·~1 min read·
/us/cfr/t31/s§ 203.19·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A financial institution must be a collector depositary that accepts term investments, an investor depositary, or a retainer depositary to participate in the investment program. Depositaries electing to participate in the investment program can receive Treasury's investments in obligations of the depositary from the following sources:
(a)FTDs that have been credited to the depositary's TIP main account balance pursuant to subpart C of this part;
(b)EFTPS ACH credit and debit transactions, Fedwire ® non-value transactions, and Fedwire ® value transfers pursuant to subpart B of this part;
(c)Direct investments, SDIs, dynamic investments, and term investments pursuant to subpart D of this part; and
(d)Other excess Treasury operating funds.