FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER III—BANKS FOR COOPERATIVES
Dividends
12 U.S.C. § 2125
This text of 12 U.S.C. § 2125 (Dividends) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 2125.
Text
Dividends may be payable only on nonvoting investment stock, if declared by the board of directors of the bank, subject to the general direction of the Farm Credit Administration.
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Source Credit
History
(Pub. L. 92–181, title III, §3.4, Dec. 10, 1971, 85 Stat. 604; Pub. L. 99–205, title II, §205(e)(5), title VI, §606, Dec. 23, 1985, 99 Stat. 1705, 1711; Pub. L. 100–233, title VIII, §805(l), Jan. 6, 1988, 101 Stat. 1715.)
Editorial Notes
Editorial Notes
Amendments
1988—Pub. L. 100–233 struck out "other than stock held by the Farm Credit Administration," after "investment stock,".
1985—Pub. L. 99–205 struck out "the Governor of" before "the Farm Credit Administration" and inserted ", subject to the general direction of the Farm Credit Administration".
Statutory Notes and Related Subsidiaries
Effective Date of 1985 Amendment
Amendment by Pub. L. 99–205 effective thirty days after Dec. 23, 1985, see section 401 of Pub. L. 99–205, set out as a note under section 2001 of this title.
Amendments
1988—Pub. L. 100–233 struck out "other than stock held by the Farm Credit Administration," after "investment stock,".
1985—Pub. L. 99–205 struck out "the Governor of" before "the Farm Credit Administration" and inserted ", subject to the general direction of the Farm Credit Administration".
Statutory Notes and Related Subsidiaries
Effective Date of 1985 Amendment
Amendment by Pub. L. 99–205 effective thirty days after Dec. 23, 1985, see section 401 of Pub. L. 99–205, set out as a note under section 2001 of this title.
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Bluebook (online)
12 U.S.C. § 2125, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/2125.