12 U.S. Code § 1789a - Credit unions as depositaries of public money; fiscal agents; duties

Any credit union the accounts of which are insured under this subchapter shall be a depositary of public money and may be employed as fiscal agent of the United States. The Secretary of the Treasury is authorized to deposit public money in any such insured credit union, and shall prescribe such regulations as may be necessary to enable such credit unions to become depositaries of public money and fiscal agents of the United States. Each credit union shall perform all such reasonable duties as depositaries of public money and fiscal agent of the United States as may be required of it including services in connection with the collection of taxes and other obligations owed the United States.

Source

(June 26, 1934, ch. 750, title II, § 210, as added Pub. L. 95–147, § 2(c)(1),Oct. 28, 1977, 91 Stat. 1227.)
Prior Provisions

A prior section 210 of act June 26, 1934, ch. 750, was renumbered section 211 and is classified to section 1790 of this title.

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

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12 CFR - Banks and Banking

12 CFR Part 709 - INVOLUNTARY LIQUIDATION OF FEDERAL CREDIT UNIONS AND ADJUDICATION OF CREDITOR CLAIMS INVOLVING FEDERALLY INSURED CREDIT UNIONS IN LIQUIDATION

12 CFR Part 741 - REQUIREMENTS FOR INSURANCE

31 CFR - Money and Finance: Treasury

31 CFR Part 202 - DEPOSITARIES AND FINANCIAL AGENTS OF THE FEDERAL GOVERNMENT 1

31 CFR Part 203 - PAYMENT OF FEDERAL TAXES AND THE TREASURY TAX AND LOAN PROGRAM

31 CFR Part 208 - MANAGEMENT OF FEDERAL AGENCY DISBURSEMENTS

31 CFR Part 380 - COLLATERAL ACCEPTABILITY AND VALUATION

31 CFR Part 709

 

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