12 U.S.C. § 1795g
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.
12 U.S.C. § 1795g
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.
AMENDMENTS1980- 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 "subchapter", which for purposes of codification has been editorially translated as "subchapter", thereby requiring 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 DATESection effective Oct. 1, 1979, see section 1806 of Pub. L. 95-630 set out as a note under section 1795 of this title.
- credit
- The term "credit" means the right granted by a person to a consumer to defer payment of a debt, incur debt and defer its payment, or purchase property or services and defer payment for such purchase.