Federal Reserve banks as depository for the Fund; supervision
About This Law
/us/usc/t22/s290g–5
Title
22 — Foreign Relations and Intercourse
Chapter
CH7
Release
119-84
Release Date
2026-04-17
Section Text
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Any Federal Reserve bank which is requested to do so by the President shall act as a depository for the Fund, 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.
(Pub. L. 94–302, title II, § 207, May 31, 1976, 90 Stat. 594.)
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