Map
Live
US Code
Open search page
Congress.wiki Alpha
AboutHow Congress WorksSupport UsRoadmapPrivacy PolicyTerms of Service

This is not an official government website.

Copyright © 2026 PLEJ LC. All rights reserved.

US CodeTitle 12Chapter 11§ 1435

§ 1435

Obligations as lawful investments; liability of United States for debentures, etc., issued by banks

12 U.S.C. § 1435.
1 min read
Obligations of the Federal Home Loan Banks issued with the approval of the Board or the Director under this chapter shall be lawful investments, and may be accepted as security, for all fiduciary, trust, and public funds the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof. The Federal reserve banks are authorized to act as depositaries, custodians, and/or fiscal agents for Federal Home Loan Banks in the general performance of their powers under this chapter. All obligations of Federal Home Loan Banks shall plainly state that such obligations are not obligations of the United States and are not guaranteed by the United States.

Release: pl-119-73not60 (2026-01-23)

Previous

§ 1434

Next

§ 1436