FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER III—BANKS FOR COOPERATIVES

Exchange of ownership interests

12 U.S.C. § 2145
Title12Banks and Banking
ChapterSUBCHAPTER III—BANKS FOR COOPERATIVES
PartB

This text of 12 U.S.C. § 2145 (Exchange of ownership interests) 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.

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12 U.S.C. § 2145.

Text

On the establishment of the consolidated bank, ownership interests of the stockholders and subscribers to the guaranty funds of the constituent district banks for cooperatives (including stock, participation certificates, and allocated equities) shall be exchanged for like ownership interests in the consolidated bank on a book value basis.

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History

(Pub. L. 92–181, title III, §3.24, as added Pub. L. 100–233, title IV, §415(2), Jan. 6, 1988, 101 Stat. 1644.)

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12 U.S.C. § 2145, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/2145.