U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 45 - EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES Sec. 1849 - Federal Reserve banks as fiscal agents From the U.S. Government Publishing Office, www.gpo.gov
§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.)