§ 1512. — Corporation as fiscal agent of Government.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC1512]
TITLE 7--AGRICULTURE
CHAPTER 36--CROP INSURANCE
Sec. 1512. Corporation as fiscal agent of Government
When designated for that purpose by the Secretary of the Treasury,
the Corporation shall be a depository of public money, except receipts
from customs, under such regulations as may be prescribed by said
Secretary; and it may also be employed as a financial agent of the
Government; and it shall perform all such reasonable duties, as a
depository of public money and financial agent of the Government, as may
be required of it.
(Feb. 16, 1938, ch. 30, title V, Sec. 512, 52 Stat. 75.)
Transfer of Functions
Administration of program of Federal Crop Insurance Corporation
transferred to Secretary of Agriculture by 1946 Reorg. Plan No. 3,
Sec. 501, eff. July 16, 1946, 11 F.R. 7877, 60 Stat. 1100. See note set
out under section 1503 of this title.
Wartime consolidation of Federal Crop Insurance Corporation into
Agricultural Conservation and Adjustment Administration, see note set
out under section 1503 of this title.
