# 12 CFR § 1510.4: Who may act as the depositary and fiscal agent for the Funding Corporation?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.4

## Section

- **Citation:** 12 CFR § 1510.4
- **Heading:** Who may act as the depositary and fiscal agent for the Funding Corporation?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER XV—DEPARTMENT OF THE TREASURY > SUBCHAPTER B—RESOLUTION FUNDING CORPORATION > PART 1510—RESOLUTION FUNDING CORPORATION OPERATIONS

## Text

(a) In general, the Federal Reserve Banks. The Funding Corporation must use one or more Federal Reserve Banks as depositaries for or fiscal agents or custodians of the Funding Corporation.
(b) For administrative accounts, insured depository institutions. Subject to approval by the Secretary, the Funding Corporation may establish demand deposit accounts at one or more federally insured depository institutions for the management of funds used to pay administrative expenses.

## Nearby sections

- [12 CFR § 1510.1 § 1510.1 Authority, purpose, and scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.1.md)
- [12 CFR § 1510.2 § 1510.2 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.2.md)
- [12 CFR § 1510.3 § 1510.3 How does the Funding Corporation pay administrative expenses?](https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.3.md)
- [12 CFR § 1510.4 § 1510.4 Who may act as the depositary and fiscal agent for the Funding Corporation?](https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.4.md)
- [12 CFR § 1510.5 § 1510.5 How does the Funding Corporation make interest payments on its obligations?](https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.5.md)
- [12 CFR § 1510.6 § 1510.6 What must the Funding Corporation do with surplus funds?](https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.6.md)
- [12 CFR § 1510.7 § 1510.7 What are the Funding Corporation's reporting requirements?](https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.7.md)
- [12 CFR § 1510.8 § 1510.8 What are the audit requirements for the Funding Corporation?](https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.8.md)
- [12 CFR § 1511.0 § 1511.0 Applicability.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1511.0.md)
- [12 CFR § 1511.1 § 1511.1 Definitions of terms.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1511.1.md)
- [12 CFR § 1511.2 § 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/ecfr-12-1511.2.md)
- [12 CFR § 1511.3 § 1511.3 Law governing other interests.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1511.3.md)
- [12 CFR § 1511.4 § 1511.4 Creation of Participant's Security Entitlement; security interests.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1511.4.md)
- [12 CFR § 1511.5 § 1511.5 Obligations of Funding Corporation; no adverse claims.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1511.5.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-1510.4. Check the current official text before relying on it. Not legal advice.