Source: http://www.law.cornell.edu/uscode/text/12/90?quicktabs_8=2
Timestamp: 2014-07-22 20:09:39
Document Index: 46219673

Matched Legal Cases: ['§ 90', '§ 90', '§ 90', '§ 5153', '§ 3', '§ 27', '§ 323', '§ 101', '§ 2', '§ 5153', '§ 45']

12 U.S. Code § 90 - Depositaries of public moneys and financial agents of Government | LII / Legal Information Institute
U.S. Code › Title 12 › Chapter 2 › Subchapter IV › § 90 12 U.S. Code § 90 - Depositaries of public moneys and financial agents of Government
Notwithstanding chapters 1 to 11 of title 40 and division C (except sections 3302, 3307
(b), 3509, 3906, 4710, and 4711) of subtitle I of title 41, the Secretary may select associations as financial agents in accordance with any process the Secretary deems appropriate and their reasonable duties may include the provision of electronic benefit transfer services (including State-administered benefits with the consent of the States), as defined by the Secretary.
(R.S. § 5153; Mar. 3, 1901, ch. 871, 31 Stat. 1448; Mar. 4, 1907, ch. 2913, § 3,34 Stat. 1290; Dec. 23, 1913, ch. 6, § 27,38 Stat. 274; Aug. 4, 1914, ch. 225, 38 Stat. 682; June 25, 1930, ch. 604, 46 Stat. 809; Aug. 18, 1950, ch. 754, 64 Stat. 463; Pub. L. 96–153, title III, § 323(f),Dec. 21, 1979, 93 Stat. 1120; Pub. L. 104–208, div. A, title I, § 101(f) [§ 2(1)], Sept. 30, 1996, 110 Stat. 3009–314, 3009–386.)
R.S. § 5153 derived from act June 3, 1864, ch. 106, § 45,13 Stat. 113, which was the National Bank Act. See section 38 of this title.
1996—Pub. L. 104–208added fourth par.
1979—Pub. L. 96–153added third par.
1950—Act Aug. 18, 1950, permitted national banks to accept and give security for deposits of funds made by agencies or governmental instrumentalities or States or political subdivisions thereof and by their officers, employees or agents.
1930—Act June 25, 1930, added second par.