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Current as of January 01, 2024 | Updated by FindLaw Staff
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.
Cite this article: FindLaw.com - 12 U.S.C. § 1434 - U.S. Code - Unannotated Title 12. Banks and Banking § 1434. Depositaries of public money; financial agents - last updated January 01, 2024 | https://codes.findlaw.com/us/title-12-banks-and-banking/12-usc-sect-1434/
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