FEDERAL · 12 U.S.C. · Chapter 23

Farm Credit Bank capitalization

Current through Pub. L. 119-102
Title 12Banks and Banking·Ch. 23 — FARM CREDIT SYSTEM·Subch. I
In accordance with section 2154a of this title, the Farm Credit Banks shall provide, through bylaws and subject to Farm Credit Administration regulations, for the capitalization of the bank and the manner in which bank stock shall be issued, held, transferred, and retired and bank earnings distributed.

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Related

First South Production Credit Ass'n v. Farm Credit Administration
926 F.2d 339 (Fourth Circuit, 1991)
13 case citations
First South Production Credit Assoc. v. Farm Credit Administration
729 F. Supp. 1559 (E.D. Virginia, 1990)
5 case citations
Independent Bankers Ass'n v. National Credit Union Administration
936 F. Supp. 605 (W.D. Wisconsin, 1996)
1 case citations

Source Credit

History

(Pub. L. 92–181, title I, §1.6, as added Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1624.)

Editorial Notes

Editorial Notes

Prior Provisions
A prior section 2014, Pub. L. 92–181, title I, §1.6, Dec. 10, 1971, 85 Stat. 585; Pub. L. 96–592, title I, §103, Dec. 24, 1980, 94 Stat. 3438, related to real estate mortgage loans, prior to the general amendment of this subchapter by Pub. L. 100–233, §401.

Statutory Notes and Related Subsidiaries

Effective Date
Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1622, provided that this section is effective 6 months after Jan. 6, 1988.