1. LawStack
  2. Title 22 - FOREIGN RELATIONS AND INTERCOURSE
  3. Chapter 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC
  4. Subchapter XIII - INTERNATIONAL DEVELOPMENT ASSOCIATION
  5. 22 USC § 284d
22 USC § 284d
Federal Reserve banks as depositories
October 30, 2020
USC

Any Federal Reserve bank which is requested to do so by the Association shall act as its depository or as its fiscal agent, and the Board of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.
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§ 284c Congressional authorization needed for certain actions
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§ 284e Payment of subscription to Association by United States

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