Title 12Banks and BankingRelease 119-73not60

§391a Reimbursement of Federal Reserve Banks

Title 12 › Chapter 3— FEDERAL RESERVE SYSTEM › Subchapter XI— DEPOSITARIES AND FISCAL AGENTS › § 391a

Last updated Apr 3, 2026|Official source

Summary

Beginning in fiscal year 1998 and thereafter, money is provided as needed to pay Federal Reserve Banks when the Secretary of the Treasury requires or directs them to perform services as depositaries and fiscal agents 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 12Banks and Banking

Last Updated

Apr 3, 2026

Release point: 119-73not60