Title 22, Foreign Relations and IntercourseRelease 119-73not60

§290l–3 Federal Reserve Banks as Depositories

Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › Subchapter XXVII— EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT › § 290l–3

Last updated Apr 5, 2026|Official source

Summary

If the Bank asks, a Federal Reserve Bank can hold the Bank’s money or handle its financial duties. The Board of Governors of the Federal Reserve System must supervise how those tasks are carried out.

Full Legal Text

Title 22, §290l–3

Foreign Relations and Intercourse, Source: USLM XML via OLRC

Any Federal Reserve Bank 11 So in original. Probably should not be capitalized. which is requested to do so by the Bank may act as its depository, or as its fiscal agent, and the Board of Governors of the Federal Reserve System shall exercise general supervision over the carrying out of these functions.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification Another section 562(c)(5) of Pub. L. 101–513 is set out as a note under section 2293 of this title.

Reference

Citations & Metadata

Citation

22 U.S.C. § 290l–3

Title 22, Foreign Relations and Intercourse

Last Updated

Apr 5, 2026

Release point: 119-73not60