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12 USC § 1795g - Depositories, custodians, and fiscal agents

---
identifier: "/us/usc/t12/s1795g"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 1795g - Depositories, custodians, and fiscal agents"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "1795g"
section_name: "Depositories, custodians, and fiscal agents"
chapter_number: 14
chapter_name: "FEDERAL CREDIT UNIONS"
subchapter_number: "III"
subchapter_name: "CENTRAL LIQUIDITY FACILITY"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(June 26, 1934, ch. 750, title III, formerly subch. III, § 308, as added and amended Pub. L. 95–630, title V, § 502(b), title XVIII, § 1802, Nov. 10, 1978, 92 Stat. 3681, 3723; Pub. L. 96–221, title III, § 309(a)(4), (b)(1), (2), Mar. 31, 1980, 94 Stat. 149.)"
---

# § 1795g. Depositories, custodians, and fiscal agents

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.

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**Source Credit**: (June 26, 1934, ch. 750, title III, formerly subch. III, § 308, as added and amended Pub. L. 95–630, title V, § 502(b), title XVIII, § 1802, Nov. 10, 1978, 92 Stat. 3681, 3723; Pub. L. 96–221, title III, § 309(a)(4), (b)(1), (2), Mar. 31, 1980, 94 Stat. 149.)

## Editorial Notes

### Codification

redesignated subch. III as title III of , cited as a credit to this section.

### Amendments

1980—, (b)(2), substituted “Board” for “Administrator”, such change having been made previously by , and “title” for “subchapter”, which for purposes of codification has been editorially translated as “subchapter”, thereby requiring no further change in text.

1978—, substituted “Board” for “Administrator”.

## Statutory Notes and Related Subsidiaries

### Effective Date of 1978 Amendment

Amendment effective on expiration of 120 days after , and transitional provisions, see , set out as a note under .

### Effective Date

Section effective , see , set out as a note under .