12-U.S.C.-1789A
§1789A – Credit Unions As Depositaries of Public Money; Fiscal Agents; Duties
Pathway
Title 12 > Chapter 14 > Subchapter II > Section 1789a
Details
- Reference: Section 1789a
- Legend: §1789A – Credit Unions As Depositaries of Public Money; Fiscal Agents; Duties
- USCode Year: 2013
Provision Content
Any credit union the accounts of which are insured under this subchapter shall be a depositary of public money and may be employed as fiscal agent of the United States. The Secretary of the Treasury is authorized to deposit public money in any such insured credit union, and shall prescribe such regulations as may be necessary to enable such credit unions to become depositaries of public money and fiscal agents of the United States. Each credit union shall perform all such reasonable duties as depositaries of public money and fiscal agent of the United States as may be required of it including services in connection with the collection of taxes and other obligations owed the United States.
(June 26, 1934, ch. 750, title II, §210, as added Pub. L. 95–147, §2(c)(1), Oct. 28, 1977, 91 Stat. 1227.)
Prior Provisions
A prior section 210 of act June 26, 1934, ch. 750, was renumbered section 211 and is classified to section 1790 of this title.
U.S. Encyclopedia of Law Coverage
12-U.S.C.-1772D in the Legal Encyclopedia: Banking Law
In this entry about 12-U.S.C.-1772D, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.
12-U.S.C.-1786 in the Legal Encyclopedia: Credit Institutions
In this entry about 12-U.S.C.-1786, find legal reference material, bibliographies and premiere content related to credit institutions in the American Encyclopedia of Law, presenting a comprehensive view of the United States credit institutions-specific issues, written by authorities in the field.
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