
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC1434]

 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER 11--FEDERAL HOME LOAN BANKS
 
Sec. 1434. Depositaries of public money; financial agents

    When designated for that purpose by the Secretary of the Treasury, 
each Federal Home Loan Bank shall be a depositary of public money, 
except receipts from customs, under such regulations as may be 
prescribed by said Secretary; and it may also be employed as a financial 
agent of the Government; and it shall perform all such reasonable duties 
as depositary of public money and financial agent of the Government as 
may be required of it.

(July 22, 1932, ch. 522, Sec. 14, 47 Stat. 736.)
