FEDERAL · 12 U.S.C. · Chapter 23

Liens on stock

Current through Pub. L. 119-99
Title 12Banks and Banking·Ch. 23 — FARM CREDIT SYSTEM·Subch. I
The Farm Credit Banks shall have a first lien on the stock or participation certificates it issues for the payment of any liability of the stockholders to the bank.

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12 U.S.C. § 2022 (Liens on stock) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Source Credit

History

(Pub. L. 92–181, title I, §1.14, as added Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1629.)

Editorial Notes

Editorial Notes

Prior Provisions
A prior section 1.14 of Pub. L. 92–181 was classified to section 2032 of this title 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.