The Affidavit of Banking is a declaration by Shaun J. Federico, affirming his status as a U.S. national engaged in banking activities as defined by relevant U.S. laws. It outlines his authority to issue financial instruments against U.S. obligations and asserts that such instruments are considered legal tender. The affidavit also references various U.S. codes and regulations regarding the acceptance and redemption of these instruments by Federal Reserve banks.
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Affidavit of Banking
The Affidavit of Banking is a declaration by Shaun J. Federico, affirming his status as a U.S. national engaged in banking activities as defined by relevant U.S. laws. It outlines his authority to issue financial instruments against U.S. obligations and asserts that such instruments are considered legal tender. The affidavit also references various U.S. codes and regulations regarding the acceptance and redemption of these instruments by Federal Reserve banks.
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AFFIDAVIT OF BANKING
YOR SHAMIT4 FEDERICO ff
FEDERICO, SHAUN J, the Affiant, domiciling on the land marked as 855 E Twain Avenue, PMB
#490, Las Vegas, Nevada 89169-0819 declare the facts stated below are true, correct, complete, to the
best of my knowledge, and that;
1
2,
10,
13
Affiant is a national of the United States of America, and that;
Alfiant is engaged in banking to the extent of the definitions in 31 U.S.C. § $312(b\e)(@)(K) and
UCC. § 4-105 where the affiant operates in the capacity of each of the following trust company, a
private banker, and an issuer, redeemer of instruments, and that;
Affiant is authorized to issue bills and notes to, for, and against obligations of the United States to be
discharged “dollar for dollar” per the United States" obligation, as stipulated in Pub. L. No. 73-10, 48
‘Stat. 112 and that;
‘The United States declared the possession of gold for monetary purposes by any individual,
partnership, association or corporation, to be unlawful under Order No. 6102, of April 5, 1933 ; and
that
‘The Affiants’ notes and bills, written against the United States for the fulfillment of it’s obligations
are acceptable as currency according to 31 CFR § 1010.100(m), and are legal tender according to 31
U.S.C. § 5103; and that;
The Affiant, upon negotiation of said bills or notes made to or for the account of the United States,
shall to the extent thereof receive full acquittance and discharge for all purposes of the Affiant’s
‘obligation, according to12 ULS.C. § 95(a)(2), and that;
Upon demand, the Federal Reserve banks, as agents must redeem said bills or notes in lawful money
as per their obligations according 12 U.S.C. § 411, and that;
Affiant’s bills and notes drawn upon authorized officers of the United States and other representatives
are deemed obligations or securities of the United States according to 18 U.S.C. § 8, and that;
‘The faith of the United States Government is pledged to pay, in legal tender, principal and interest on
such obligations according to 31 U.S.C. § 3123, and that;
According to section 7 of the International Banking Act of 1978, any member bank and any Federal
or State branch or agency of a foreign bank subject to reserve requirements, may accept a bill of
Exchange, and that;
According to section 7 of the International Banking Act of 1978, Any Federal reserve bank may
receive from other depository institutions deposits of current funds in lawful money, notes bills, and
other items for collections or, solely for purposes of exchange, and tha
According to 12 U.S.C. § 95(a)(2), any payment or transfer made to or for the account of the United
States, or as otherwise directed, , or any rule, regulation, instruction, or direction issued thereunder
shall to the extent thereof be a full aequittance and discharge for all purposes of the obligation of the
person making the same, inthis matter the Principal, and that:
According to 12 CER. § 210.7 (bXS) the Federal Reserve Bank may present said bills or notes to a
clearing house for payment, and that, 14, According to 12 CER. § 210.8 (aX(6) , a Reserve Bank or a subsequent collecting bank may. if
instructed by the sender, present a non-cash item for acceptance in any manner authorized by law if
the item provides that it must be presented for acceptance, and that;
15, Cash items must not be retumed in dishonor, unless done so In accordance with Regulation CC and
the U.C.C. § 3-501-5085, U.C.C. § 3-601, and the Reserve Banks' operating circulars, and that;
16. A registered transfer agent shall not, directly or indirectly, engage in any activity in connection with a
guarantee, that results in the inequitable treatment of any eligible guarantor institution according to
17 CER. § 240.17Ad-15, and that;
17. TRANSFER AGENT CODES -OMMITTED - FOR FUTURE DISCHARGE DEBT CLASS
Further the Affiant sayeth naught,
