12 USC § 393 - Federal reserve banks as depositaries for Farm Credit System
The Federal Reserve banks are authorized to act as depositaries for and fiscal agents of any Federal land bank, Federal intermediate credit bank, bank for cooperatives, or other institutions of the Farm Credit System.
Source
(Dec. 23, 1913, ch. 6, § 15 (par.), as added Mar. 4, 1923, ch. 252, title IV, § 406,42 Stat. 1480; amended Pub. L. 92–181, title V, § 5.41, formerly § 5.27(b),Dec. 10, 1971, 85 Stat. 625; renumbered § 5.41(b),Pub. L. 99–205, title II, § 205(a)(2),Dec. 23, 1985, 99 Stat. 1703; renumbered § 5.41, Pub. L. 100–233, title VIII, § 805(ff)(2),Jan. 6, 1988, 101 Stat. 1717.)
Codification
Section is comprised of third par. of section 15 of act Dec. 23, 1913, as added Mar. 4, 1923. Pars. 1 and 2 of section
15 are classified to sections
391 and
392, respectively, of this title.
Amendments
1971—Pub. L. 92–181substituted “Federal land bank, Federal intermediate credit bank, bank for cooperatives, or other institutions of the Farm Credit System” for “national agricultural credit corporation or Federal intermediate credit bank”.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Wednesday, May 29, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
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