---
kind: "section"
citation: "22 U.S.C. § 290g–5"
title: "22"
title_heading: "Foreign Relations and Intercourse"
number: "290g–5"
heading: "Federal Reserve banks as depository for the Fund; supervision"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/22/290g-5"
units:
  - "Chapter 7 — International Bureaus, Congresses, Etc."
  - "Subchapter XXII — African Development Fund"
---

# §290g–5. Federal Reserve banks as depository for the Fund; supervision


Any Federal Reserve bank which is requested to do so by the President shall act as a depository for the Fund, and the Board of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.


## Source credit

(Pub. L. 94–302, title II, § 207, May 31, 1976, 90 Stat. 594.)