# 12 C.F.R. § 1511.6 (2026): Authority of Federal Reserve Banks

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_6

## Section

- **Citation:** 12 C.F.R. § 1511.6 (2026)
- **Heading:** Authority of Federal Reserve Banks
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter XV: DEPARTMENT OF THE TREASURY / Part 1511: BOOK-ENTRY PROCEDURE / § 1511.6: § 1511.6   Authority of Federal Reserve Banks.

## Text

(a) Each Federal Reserve Bank is hereby authorized as fiscal agent of the Funding Corporation to perform functions with respect to the issuance of Book-entry Funding Corporation Securities offered and sold by the Funding Corporation, in accordance with the Securities Documentation, and Federal Reserve Bank Operating Circulars; to service and maintain Book-entry Funding Corporation Securities in accounts established for such purposes; to make payments of principal and interest with respect to such Book-entry Funding Corporation Securities as directed by the Funding Corporation; to effect transfer of Book-entry Funding Corporation Securities between Participants' Securities Accounts as directed by the Participants; and to perform such other duties as fiscal agent as may be requested by the Funding Corporation.
(b) Each Federal Reserve Bank may issue Operating Circulars not inconsistent with this Part, governing the details of its handling of Book-entry Funding Corporation Securities, Security Entitlements, and the operation of the Book-Entry System under this Part.

## Nearby sections

- [12 C.F.R. § 1511.0 (2026) § 1511.0   Applicability.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_0.md)
- [12 C.F.R. § 1511.1 (2026) § 1511.1   Definitions of terms.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_1.md)
- [12 C.F.R. § 1511.2 (2026) § 1511.2   Law governing rights and obligations of the Funding Corporation and Federal Reserve Banks; rights of any Person against the Funding Corporation and the Federal Reserve Banks.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_2.md)
- [12 C.F.R. § 1511.3 (2026) § 1511.3   Law governing other interests.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_3.md)
- [12 C.F.R. § 1511.4 (2026) § 1511.4   Creation of Participant's Security Entitlement; security interests.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_4.md)
- [12 C.F.R. § 1511.5 (2026) § 1511.5   Obligations of Funding Corporation; no adverse claims.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_5.md)
- [12 C.F.R. § 1511.6 (2026) § 1511.6   Authority of Federal Reserve Banks.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_6.md)
- [12 C.F.R. § 1511.7 (2026) § 1511.7   Liability of the Funding Corporation and Federal Reserve Banks.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_7.md)
- [12 C.F.R. § 1511.8 (2026) § 1511.8   Notice of attachment.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_8.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P1511_S1511_6. Check the current official text before relying on it. Not legal advice.