§ 392. Depositaries of Government funds as confined to banks in Federal reserve system; member banks as depositaries
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/usc/title-12/section-392A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.)
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- 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
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§ 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