View all text of Subchapter XI [§ 391 - § 395]

§ 394. Federal reserve banks as depositaries for and fiscal agents of Home Owners’ Loan Corporation

The Federal Reserve banks are authorized, with the approval of the Secretary of the Treasury, to act as depositaries, custodians, and fiscal agents for the Home Owners’ Loan Corporation.

(Apr. 27, 1934, ch. 168, § 8, 48 Stat. 646.)