Title 31

PART 312 Part 312 - Federal Savings And Loan Associations And Federal Credit Unions As Fiscal Agents Of The United States

PART 312 - FEDERAL SAVINGS AND LOAN ASSOCIATIONS AND FEDERAL CREDIT UNIONS AS FISCAL AGENTS OF THE UNITED STATES Note:

Pursuant to the regulations in this part, the Acting Secretary of the Treasury on September 15, 1936, designated for employment as fiscal agents of the United States for the purpose of taking applications solely from their own members and forwarding remittances for, and making delivery of, United States Savings Bonds, all Federal savings and loan associations and Federal credit unions in good standing having five hundred or more members, and further designated all Federal savings and loan associations in good standing for employment as fiscal agents of the United States, for the purpose of collecting delinquent accounts arising out of insurance and loan transactions of the Administrator under Title I of the National Housing Act, and making investigations and rendering reports respecting the said delinquencies as may be directed from time to time by the Administrator.

Pursuant to these same regulations, the Fiscal Assistant Secretary has now designated for employment, as fiscal agents of the United States, for the purpose of taking applications from nonmembers, as well as their own members, and forwarding remittances for, and making delivery of United States Savings Bonds, all Federal credit unions in good standing.

Authority:Secs. 5(k), 17, 48 Stat. 646, 1222; 12 U.S.C. 1464(k), 1767. Source:1 FR 1587, Sept. 17, 1936; 57 FR 34684, Aug. 6, 1992, unless otherwise noted. Cross References:

For National Credit Union Administration, see 12 CFR chapter VII. For Farm Credit Administration, see 12 CFR chapter VI. For Federal Home Loan Bank Board, see 12 CFR chapter V. For Federal Housing Commissioner, Office of Assistant Secretary for Housing, Department of Housing and Urban Development, see 24 CFR chapter II.

Authority: Secs. 5(k), 17, 48 Stat. 646, 1222; 12 U.S.C. 1464(k), 1767.
Source: 1 FR 1587, Sept. 17, 1936; 57 FR 34684, Aug. 6, 1992, unless otherwise noted.

31:2.1.1.1.28.0.5.1	SECTION 312.1	312.1 Authority.
31:2.1.1.1.28.0.5.2	SECTION 312.2	312.2 [Reserved]
31:2.1.1.1.28.0.5.3	SECTION 312.3	312.3 Collections, investigations, and reports for the Federal Housing Administration.
31:2.1.1.1.28.0.5.4	SECTION 312.4	312.4 Bond of indemnity.
31:2.1.1.1.28.0.5.5	SECTION 312.5	312.5 Fiscal agents to serve without compensation.
31:2.1.1.1.28.0.5.6	SECTION 312.6	312.6 Applications other than to Federal Reserve Banks.