Title 12, Banks and BankingRelease 119-102
§391a Reimbursement of Federal Reserve Banks
Title 12 › CHAPTER 3 — FEDERAL RESERVE SYSTEM › SUBCHAPTER XI — DEPOSITARIES AND FISCAL AGENTS › § 391a
Summary
Beginning in fiscal year 1998, funds pay Federal Reserve Banks for services the Treasury Secretary orders for the Treasury or other federal agencies.
Full Legal Text
Title 12, §391a
Banks and Banking, Source: USLM XML via OLRC
Beginning in fiscal year 1998 and thereafter, there are appropriated such sums as may be necessary to reimburse Federal Reserve Banks in their capacity as depositaries and fiscal agents for the United States for all services required or directed by the Secretary of the Treasury to be performed by such banks on behalf of the Treasury or other Federal agencies.
Reference
Citations & Metadata
Citation
12 U.S.C. § 391a
Title 12, Banks and Banking
Last Updated
Aug 21, 2026
Release point: 119-102