{"data":{"id":"us/31-cfr-203.3","jurisdiction":"us","citation":"31 CFR 203.3","heading":"TT\u0026L depositaries.","body":"A financial institution that participates in PATAX and/or the investment program must be a TT\u0026L depositary. There are three kinds of TT\u0026L depositaries. A collector depositary is a TT\u0026L depositary that accepts paper Federal tax payments and also may accept electronic Federal tax payments, but does not accept direct investments or SDIs. A retainer depositary is a TT\u0026L depositary that accepts electronic and/or paper Federal tax payments and retains a portion ofthe tax deposits in its TIP main account balance. An investor depositary is a TT\u0026L depositary that accepts direct investments, SDIs, or dynamic investments and may accept electronic and/or paper Federal tax payments and retain a portion of those tax deposits. Collector, retainer, and investor depositaries may accept term investments. Retainer and investor depositaries do not have to participate in PATAX.","path":["Title 31—Money and Finance: Treasury","Subtitle B—Regulations Relating to Money and Finance","CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE","PART 203—PAYMENT OF FEDERAL TAXES AND THE TREASURY TAX AND LOAN PROGRAM","Subpart A—General Information"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"1946e73dd65eeedc3ed3071b2dfe0f4c625eaf1b3dc4df3378a20741cb223143","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-203.2","next":"us/31-cfr-203.4"},"notice":"GroundRules: Original legal text. Not legal advice."}