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REGULATIONS GOVERNING DEPOSIT OF PUBLIC MONETS
AND PAYMENT OF GOVERNMENT CHECKS
1966
Department Circular No. 176
(Revised December 19U5)
(Fifteenth Amendment)

TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
Washington, D. C.
August 25, 1966

Fiscal Service
Bureau of Accounts
To the Treasurer of the United States, Federal Reserve Banks and Branches,
Depositaries and Financial Agents of the Government, Officers, Agents,
or employees of the United States engaged in collecting, depositing, or
transmitting public moneys, and others concernedt
Treasury Department Circular No. 176 (Revised), dated December 21, 19U5»
as amended, is hereby further amended as followst
1. By deleting subparagraph (d) under Section 1 and substituting in
lieu thereof the following:
"(d) Depositary and Financial Agent of the Government — Definition
of. —
The term ’Depositary and Financial Agent of the Government’ as
used in this Circular means any insured bank within the fifty states
and the District of Columbia which is designated for that purpose
under the provisions of the Act of June 11, 19U2 (12 U.S.C. 265),
and which accepts a contract of deposit with the Treasury Depart­
ment as provided in subparagraph (g).N
2.

By adding to Section 1 a new subparagraph (g) as follows:

”(g) Contract of deposit —
Any depositary designated under
this Circular which accepts a deposit of public money thereby
enters into a contract of deposit with the Treasury Department.
The terms of the contract include all the provisions of this
Circular and, in the case of a contract entered into by acceptance
of a deposit after November 30, 1966, the provisions prescribed in
section 202 of Executive Order 112U6 entitled, 'Equal Employment
Opportunity,’ 30 F.R. 12319. Thereupon the depositary contractor
shall be subject to the provisions of Part II of that Order.”

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