§ 177a. — Funds available for cost of transporting and redeeming national and Federal Reserve bank notes.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC177a]
TITLE 12--BANKS AND BANKING
CHAPTER 2--NATIONAL BANKS
SUBCHAPTER XI--MISCELLANEOUS PROVISIONS REGARDING UNITED STATES BONDS IN
RELATION TO NATIONAL BANKS
Sec. 177a. Funds available for cost of transporting and
redeeming national and Federal Reserve bank notes
The cost of transporting and redeeming outstanding national bank
notes and Federal Reserve bank notes as may be presented to the
Treasurer of the United States for redemption shall be paid from the
regular annual appropriation for the Department of the Treasury.
(Oct. 10, 1940, ch. 841, 54 Stat. 1093; Pub. L. 103-325, title VI,
Sec. 602(g)(10), Sept. 23, 1994, 108 Stat. 2294.)
Amendments
1994--Pub. L. 103-325 amended section generally. Prior to amendment,
section read as follows: ``After the reimbursement to the Treasury from
funds derived from assessments made pursuant to section 177 of this
title, of all costs lawfully charged thereto for the fiscal year ending
June 30, 1941, the balance of such funds shall be covered into the
Treasury as miscellaneous receipts; and thereafter the cost of
transporting and redeeming such outstanding national bank notes and
Federal Reserve bank notes as may be presented to the Treasurer of the
United States for redemption shall be paid from the regular annual
appropriations for the Treasury Department.''
