15 USC 1849: Federal Reserve banks as fiscal agents
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15 USC 1849: Federal Reserve banks as fiscal agents Text contains those laws in effect on November 27, 2024
From Title 15-COMMERCE AND TRADECHAPTER 45-EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES
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§1849. Federal Reserve banks as fiscal agents

Any Federal Reserve bank which is requested to do so shall act as fiscal agent for the Board. Each such fiscal agent shall be reimbursed by the Board for all expenses and losses incurred by it in acting as agent on behalf of the Board.

( Pub. L. 92–70, §10, Aug. 9, 1971, 85 Stat. 181 .)