12 U.S.C. § 1795g — Untitled legal text

Page 955 TITLE 12—BANKS AND BANKING § 1795j Pub. L. 116–136 inserted before semicolon ‘‘, provided that, the total face value of such obligations shall not exceed 16 times the subscribed capital stock and sur- plus of the Facility for the period beginning on March 27, 2020, and ending on December 31, 2020’’. 1982—Subsec. (a)(17), (18). Pub. L. 97–320 added pars. (17) and (18). 1980—Pub. L. 96–221, §§ 309(a)(3), (4), (b)(2), (3), 312, des- ignated existing provisions as subsec. (a) substituted ‘‘Board’’ for ‘‘Administrator’’, such change having been made previously by Pub. L. 95–630, and ‘‘title’’ and ‘‘ti- tles’’ for ‘‘subchapter’’ and ‘‘subchapters’’, which for purposes of codification has been editorially translated as ‘‘subchapter’’ or ‘‘subchapters’’ thereby requiring no further change in text, in par. (15) struck out require- ment respecting advance appropriation of amounts, and added subsec. (b). 1978—Pub. L. 95–630, § 502(b), substituted ‘‘Board’’ for ‘‘Administrator’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1978 AMENDMENT Amendment effective on expiration of 120 days after Nov. 10, 1978, and transitional provisions, see section 509 of Pub. L. 95–630, set out as a note under section 1752 of this title. EFFECTIVE DATE Section effective Oct. 1, 1979, see section 1806 of Pub. L. 95–630, set out as a note under section 1795 of this title. § 1795g. Depositories, custodians, and fiscal agents The Federal Reserve Banks are authorized to act as depositories, custodians and/or fiscal agents for the Central Liquidity Facility in the general performance of its powers conferred by this subchapter. Each Federal Reserve Bank when designated by the Board as fiscal agent for the Central Liquidity Facility, shall be entitled to be reimbursed for all expenses incurred as such fiscal agent. (June 26, 1934, ch. 750, title III, formerly subch. III, § 308, as added and amended Pub. L. 95–630, title V, § 502(b), title XVIII, § 1802, Nov. 10, 1978, 92 Stat. 3681, 3723; Pub. L. 96–221, title III, § 309(a)(4), (b)(1), (2), Mar. 31, 1980, 94 Stat. 149.) Editorial Notes CODIFICATION Section 309(b)(1) of Pub. L. 96–221 redesignated subch. III as title III of act June 26, 1934, ch. 750, cited as a credit to this section. AMENDMENTS 1980—Pub. L. 96–221, § 309(a)(4), (b)(2), substituted ‘‘Board’’ for ‘‘Administrator’’, such change having been made previously by Pub. L. 95–630, and ‘‘title’’ for ‘‘sub- chapter’’, which for purposes of codification has been editorially translated as ‘‘subchapter’’, thereby requir- ing no further change in text. 1978—Pub. L. 95–630, § 502(b), substituted ‘‘Board’’ for ‘‘Administrator’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1978 AMENDMENT Amendment effective on expiration of 120 days after Nov. 10, 1978, and transitional provisions, see section 509 of Pub. L. 95–630, set out as a note under section 1752 of this title. EFFECTIVE DATE Section effective Oct. 1, 1979, see section 1806 of Pub. L. 95–630, set out as a note under section 1795 of this title. § 1795h. Audit of financial transactions The Comptroller General of the United States shall audit the Central Liquidity Facility under such rules and regulations as the Comptroller may prescribe. (June 26, 1934, ch. 750, title III, formerly subch. III, § 309, as added Pub. L. 95–630, title XVIII, § 1802, Nov. 10, 1978, 92 Stat. 3723; amended Pub. L. 96–221, title III, § 309(b)(1), Mar. 31, 1980, 94 Stat. 149.) Editorial Notes CODIFICATION Section 309(b)(1) of Pub. L. 96–221 redesignated subch. III as title III of act June 26, 1934, ch. 750, cited as a credit to this section. Statutory Notes and Related Subsidiaries EFFECTIVE DATE Section effective Oct. 1, 1979, see section 1806 of Pub. L. 95–630, set out as a note under section 1795 of this title. § 1795i. Annual report The annual report required by section 1752a(d) of this title shall include a full report of the ac- tivities of the Facility. (June 26, 1934, ch. 750, title III, formerly subch. III, § 310, as added Pub. L. 95–630, title XVIII, § 1802, Nov. 10, 1978, 92 Stat. 3723; amended Pub. L. 96–221, title III, § 309(b)(1), Mar. 31, 1980, 94 Stat. 149; Pub. L. 109–351, title VII, § 726(27), Oct. 13, 2006, 120 Stat. 2003.) Editorial Notes CODIFICATION Section 309(b)(1) of Pub. L. 96–221 redesignated subch. III as title III of act June 26, 1934, ch. 750, cited as a credit to this section. AMENDMENTS 2006—Pub. L. 109–351 substituted ‘‘section 1752a(d)’’ for ‘‘section 1752a(e)’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE Section effective Oct. 1, 1979, see section 1806 of Pub. L. 95–630, set out as a note under section 1795 of this title. § 1795j. Agent of Federal Reserve System The facility is authorized to act upon the re- quest of the Board of Governors of the Federal Reserve System as an agent of the Federal Re- serve System in matters pertaining to credit unions under such terms and conditions as may be established by the Board of Governors of the Federal Reserve System. (June 26, 1934, ch. 750, title III, § 311, as added Pub. L. 97–320, title V, § 532, Oct. 15, 1982, 96 Stat. 1536.)