; or (B) any administrative or other action that becomes effective after the acquisition. (2) State law The Administrator may conduct the business of the Administration without regard to any qualification or law of any State relating to incorporation. (b) Use of other agencies With the consent of a department, establishment, or instrumentality (including any field office), the Administration may— (1) use and act through any department, establishment, or instrumentality; or (2) use, and pay compensation for, information, services, facilities, and personnel of the department, establishment, or instrumentality. (c) Procurement The Administrator shall be the senior procurement officer for the Administration for purposes of section 1702 of title 41, United States Code. (d) Financial matters (1) Investments Funds of the Administration may be invested in such investments as the Board of Directors may prescribe. (2) Fiscal agents Any Federal reserve bank or any bank for which, at the time of designation by the Administrator there is outstanding a designation by the Secretary of the Treasury as a general or other depository of public money, may be designated by the Administrator as a depositary or custodian or as a fiscal or other agent of the Administration. (e) Jurisdiction Notwithstanding section 1349 of title 28, United States Code, or any other provision of law— (1) the Administration shall be considered a corporation covered by sections 1345 and 1442 of title 28, United States Code; (2) all civil actions to which the Administration is a party shall be considered to arise under the laws of the United States, and the district courts of the United States shall have original jurisdiction of all such actions, without regard to amount or value, except that the courts of appeals shall have jurisdiction over civil actions pertaining to section 103(a)(3)