Title 12 — Banks and Banking
Chapter 24 — Federal Financing Bank
§ 2291. Preparation of obligations
Statutory text
In order to furnish obligations for delivery by the Bank, the Secretary of the Treasury is authorized to prepare such obligations in such form as the Bank may approve, such obligations when prepared to be held in the Treasury subject to delivery upon order by the Bank. The engraved plates, dies, bed pieces, and other material executed in connection therewith, shall remain in the custody of the Secretary of the Treasury. The Bank shall reimburse the Secretary of the Treasury for any expenditures made in preparation, custody, and delivery of such obligations.
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.
federal Financing Bank Act of 1973
Pub. L. 93–224 § 12 · 87 Stat. 937
Enacted · 12 U.S.C. § 2291
(Pub. L. 93–224, § 12, Dec. 29, 1973, 87 Stat. 941.)
Source evidence
Code source credit
(Pub. L. 93–224, § 12, Dec. 29, 1973, 87 Stat. 941.)Enacted provision · exact public law section
Sec. 12. preparation of obligations In order to furnish obligations for delivery by the Bank, the Secretary of the Treasury is authorized to prépaie such obligations in such form as the Bank may approve, such obligations when prepared to be held in the Treasury subject to delivery upon order by the Bank. The engraved plates, dies, bed pieces, and other material executed in connection therewith, shall remain in the custody of the Secretary of the Treasury. The Bank shall reimburse the Secretary of the Treasury Expenditures, reimbursement. for any expenditures made in preparation, custody, and delivery of such obligations.
1 of 1 references resolved to an enrolled provision