12 U.S.C. § 2157 — Bonds as investments

FEDERAL · 12 U.S.C. · Chapter 23

Bonds as investments

Current through Pub. L. 119-102

Title 12 — Banks and Banking·Ch. 23 — FARM CREDIT SYSTEM·Subch. IV·Pt. A

The bonds, debentures, and other similar obligations issued under the authority of this chapter shall be lawful investments for all fiduciary and trust funds and may be accepted as security for all public deposits.

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History

(Pub. L. 92–181, title IV, §4.6, Dec. 10, 1971, 85 Stat. 612.)