§ 941.4 - Office of Finance.

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(a) Establishment. An Office of Finance is hereby established which shall have the responsibilities, duties and functions described herein.

(b) Status. The Office of Finance is recognized as a joint office of the Bank System.

(c) Mission. The Office of Finance shall:

(1) Issue the consolidated obligations pursuant to section 11 of the Bank Act, as amended (12 U.S.C. 1431);

(2) Perform all other necessary and proper functions in relation to the consolidated obligations, as fiscal agent on behalf of the Banks; and

(3) Undertake any other activities expressly approved by the Finance Board.

                    
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