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Title 12 — Banks and Banking

Chapter 2 — National Banks

§ 177a. Funds available for cost of transporting and redeeming national and Federal Reserve bank notes

Statutory text

The cost of transporting and redeeming outstanding national bank notes and Federal Reserve bank notes as may be presented to the Treasurer of the United States for redemption shall be paid from the regular annual appropriation for the Department of the Treasury.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Pub. L. 76–841 · 54 Stat. 1093

    Enacted · 12 U.S.C. § 177a

    Oct. 10, 1940, ch. 841, 54 Stat. 1093

    Source evidence

    Code source credit
    Oct. 10, 1940, ch. 841, 54 Stat. 1093

  2. Riegle Community Development and Regulatory Improvement Act of 1994

    Pub. L. 103–325 title VI § 602(g)(10) · 108 Stat. 2160

    Amended · 12 U.S.C. § 177a

    Pub. L. 103–325 amended section generally. Prior to amendment, section read as follows: “After the reimbursement to the Treasury from funds derived from assessments made pursuant to section 177 of this title, of all costs lawfully charged thereto for the fiscal year ending June 30, 1941, the balance of such funds shall be covered into the Treasury as miscellaneous receipts; and thereafter the cost of transporting and redeeming such outstanding national bank notes and Federal Reserve bank notes as may be presented to the Treasurer of the United States for redemption shall be paid from the regular annual appropriations for the Treasury Department.”

    Source evidence

    Code amendment note
    Pub. L. 103–325 amended section generally. Prior to amendment, section read as follows: “After the reimbursement to the Treasury from funds derived from assessments made pursuant to section 177 of this title, of all costs lawfully charged thereto for the fiscal year ending June 30, 1941, the balance of such funds shall be covered into the Treasury as miscellaneous receipts; and thereafter the cost of transporting and redeeming such outstanding national bank notes and Federal Reserve bank notes as may be presented to the Treasurer of the United States for redemption shall be paid from the regular annual appropriations for the Treasury Department.”

    Enacted provision · exact public law section
    (10) The Act entitled “An Act to simplify the accounts of the Treasurer of the United States, and for other purposes.” and approved October 10, 1940 (12 U.S.C. 177a) is amended by striking all after the enacting clause and inserting the following: “That the cost of transporting and redeeming outstanding national bank notes and Federal Reserve bank notes as may be presented to the Treasurer of the United States for redemption shall be paid from the regular annual appropriation for the Department of the Treasury.”.

1 of 2 references resolved to an enrolled provision · 1 partial

Editorial Notes

Amendments

1994—Pub. L. 103–325 amended section generally. Prior to amendment, section read as follows: “After the reimbursement to the Treasury from funds derived from assessments made pursuant to section 177 of this title, of all costs lawfully charged thereto for the fiscal year ending , the balance of such funds shall be covered into the Treasury as miscellaneous receipts; and thereafter the cost of transporting and redeeming such outstanding national bank notes and Federal Reserve bank notes as may be presented to the Treasurer of the United States for redemption shall be paid from the regular annual appropriations for the Treasury Department.”

Credits

1940–1994 · 2 acts
  1. 1940Oct. 10, 1940, ch. 841, 54 Stat. 1093
  2. 1994Pub. L. 103–325, title VI, § 602(g)(10), , 108 Stat. 2294.
Show as published

(Oct. 10, 1940, ch. 841, 54 Stat. 1093; Pub. L. 103–325, title VI, § 602(g)(10), , 108 Stat. 2294.)

Parsed from the official OLRC USLM XML in data/usc_all/usc12.xml · release point 119-108 · OLRC build 2026-07-23

USLM identifier /us/usc/t12/s177a