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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 3— FEDERAL RESERVE SYSTEM · SUBCHAPTER XI— DEPOSITARIES AND FISCAL AGENTS · § 392

§ 392. Depositaries of Government funds as confined to banks in Federal reserve system; member banks as depositaries

241 words·~1 min read·/usc/title-12/section-392

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No public funds of the postal savings, or any Government funds, shall be deposited in the continental United States in any bank not belonging to the system established by this chapter: Provided, however, That nothing in this chapter shall be construed to deny the right of the Secretary of the Treasury to use member banks as depositaries.
(Dec. 23, 1913, ch. 6, § 15 (par.), 38 Stat. 265; Proc. No. 2695, eff. July 4, 1946, 11 F.R. 7517, 60 Stat. 1352.)
Connections1 cite this · traces to 2
Cited by 1 section
statute-compilations
7 references not yet in our index
  • Dec. 23, 1913, ch. 6, § 15
  • 38 Stat. 265
  • 60 Stat. 1352
  • act Dec. 23, 1913, ch. 6
  • 38 Stat. 251
  • Mar. 4, 1923, ch. 252
  • 42 Stat. 1480
Citation graph
cites case law
§ 392
Depositaries of Government funds as confined to banks in Federal reserve system; member banks as depositaries
Stat. Comp.×1
ActDec. 23, 1913, ch. 6, § 15
Stat.38 Stat. 265
Stat.60 Stat. 1352
Actact Dec. 23, 1913, ch. 6
Stat.38 Stat. 251
Cites 9 · showing 7Cited by 1 across 1 source
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