Respuesta :
A fiscal agent is an organization under contract to the state to process claims for a state Medicaid program.
A fiscal agent is an employer, inclusive of a bank or believe business enterprise, that acts on behalf of another party acting numerous monetary responsibilities. A fiscal agent may also help in the redemption of bonds or coupons, take care of tax problems, replace lost or damaged securities, and carry out various other finance-related tasks.
The Federal Reserve Act of 1913 presents that the Federal Reserve Banks will act as fiscal agents and depositories of the united states when required to achieve this by way of the Secretary of the Treasury. As fiscal dealers, the Reserve Banks guide the branch of the Treasury with offerings associated with the federal debt.
A fiscal agent, economic sponsor, or financial agent is a proxy that manages financial matters on behalf of every other party. A fiscal agent may additionally assist inside the redemption of bonds or coupons at maturity, disbursing dividends, and managing tax problems.
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