Title 22, Foreign Relations and IntercourseRelease 119-102
§290k–7 Federal Reserve Banks as Depositories
Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XXVI — MULTILATERAL INVESTMENT GUARANTEE AGENCY › § 290k–7
Summary
If the Agency asks, a Federal Reserve bank must hold its funds or handle its finances, overseen by the Board.
Full Legal Text
Title 22, §290k–7
Foreign Relations and Intercourse, Source: USLM XML via OLRC
Any Federal Reserve bank that is requested to do so by the Agency 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.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification Section is based on section 410 of title IV of H.R. 3750, One Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by Pub. L. 100–202.
Reference
Citations & Metadata
Citation
22 U.S.C. § 290k–7
Title 22, Foreign Relations and Intercourse
Last Updated
Aug 21, 2026
Release point: 119-102