---
kind: "section"
citation: "22 U.S.C. § 284d"
title: "22"
title_heading: "Foreign Relations and Intercourse"
number: "284d"
heading: "Federal Reserve banks as depositories"
release: "119-102"
url: "https://uscodex.org/usc/22/284d"
units:
  - "Chapter 7 — International Bureaus, Congresses, Etc."
  - "Subchapter XIII — International Development Association"
---

# §284d. Federal Reserve banks as depositories


Any Federal Reserve bank which is requested to do so by the Association shall act as its depository or as its fiscal agent, and the [Board](/usc/22/2431a.md?p=4) of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.


## Source credit

(Pub. L. 86–565, § 6, June 30, 1960, 74 Stat. 294.)