7 USC § 1512 - Corporation as fiscal agent of Government

---
identifier: "/us/usc/t7/s1512"
source: "usc"
legal_status: "official_prima_facie"
title: "7 USC § 1512 - Corporation as fiscal agent of Government"
title_number: 7
title_name: "AGRICULTURE"
section_number: "1512"
section_name: "Corporation as fiscal agent of Government"
chapter_number: 36
chapter_name: "CROP INSURANCE"
subchapter_number: "I"
subchapter_name: "FEDERAL CROP INSURANCE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Feb. 16, 1938, ch. 30, title V, § 512, 52 Stat. 75.)"
---


# § 1512. Corporation as fiscal agent of Government

When designated for that purpose by the Secretary of the Treasury, the Corporation shall be a depository of public money, except receipts from customs, under such regulations as may be prescribed by said Secretary; and it may also be employed as a financial agent of the Government; and it shall perform all such reasonable duties, as a depository of public money and financial agent of the Government, as may be required of it.

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**Source Credit**: (Feb. 16, 1938, ch. 30, title V, § 512, 52 Stat. 75.)

## Executive Documents

### Transfer of Functions

Administration of program of Federal Crop Insurance Corporation transferred to Secretary of Agriculture by 1946 Reorg. Plan No. 3, § 501, eff. , 11 F.R. 7877, . See note set out under .

Wartime consolidation of Federal Crop Insurance Corporation into Agricultural Conservation and Adjustment Administration, see note set out under .