
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: 12USC393]

 
                       TITLE 12--BANKS AND BANKING
 
                    CHAPTER 3--FEDERAL RESERVE SYSTEM
 
              SUBCHAPTER XI--DEPOSITARIES AND FISCAL AGENTS
 
Sec. 393. Federal reserve banks as depositaries for Farm Credit 
        System
        
    The Federal Reserve banks are authorized to act as depositaries for 
and fiscal agents of any Federal land bank, Federal intermediate credit 
bank, bank for cooperatives, or other institutions of the Farm Credit 
System.

(Dec. 23, 1913, ch. 6, Sec. 15 (par.), as added Mar. 4, 1923, ch. 252, 
title IV, Sec. 406, 42 Stat. 1480; amended Pub. L. 92-181, title V, 
Sec. 5.41, formerly Sec. 5.27(b), Dec. 10, 1971, 85 Stat. 625; 
renumbered Sec. 5.41(b), Pub. L. 99-205, title II, Sec. 205(a)(2), Dec. 
23, 1985, 99 Stat. 1703; renumbered Sec. 5.41, Pub. L. 100-233, title 
VIII, Sec. 805(ff)(2), Jan. 6, 1988, 101 Stat. 1717.)

                          Codification

    Section is comprised of third par. of section 15 of act Dec. 23, 
1913, as added Mar. 4, 1923. Pars. 1 and 2 of section 15 are classified 
to sections 391 and 392, respectively, of this title.


                               Amendments

    1971--Pub. L. 92-181 substituted ``Federal land bank, Federal 
intermediate credit bank, bank for cooperatives, or other institutions 
of the Farm Credit System'' for ``national agricultural credit 
corporation or Federal intermediate credit bank''.
