Title 22, Foreign Relations and IntercourseRelease 119-102
§284d Federal Reserve Banks as Depositories
Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XIII — INTERNATIONAL DEVELOPMENT ASSOCIATION › § 284d
Summary
At Association request, Federal Reserve banks must act as depositories or fiscal agents; the Board oversees.
Full Legal Text
Title 22, §284d
Foreign Relations and Intercourse, Source: USLM XML via OLRC
Any Federal Reserve bank which is requested to do so by the Association shall act as its depository or as its fiscal agent, and the Board of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.
Reference
Citations & Metadata
Citation
22 U.S.C. § 284d
Title 22, Foreign Relations and Intercourse
Last Updated
Aug 21, 2026
Release point: 119-102