FEDERAL · 12 U.S.C. · Chapter 23
State legislation
Current through Pub. L. 119-102
Whenever it is determined by the Farm Credit Administration, or by judicial decision, that a State law is applicable to the obligations and securities authorized to be held by the institutions of the System under this chapter, which law would provide insufficient protection or inadequate safeguards against loss in the event of default, the Farm Credit Administration may declare such obligations or securities to be ineligible as collateral for the issuance of new notes, bonds, debentures, and other obligations under this chapter.
Free access — add to your briefcase to read the full text and ask questions with AI
12 U.S.C. § 2259 (State legislation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Federal Land Bank of St. Paul v. Lillehaugen
404 N.W.2d 452 (North Dakota Supreme Court, 1987)
Cipollone v. Liggett Group, Inc.
593 F. Supp. 1146 (D. New Jersey, 1984)
Source Credit
History
(Pub. L. 92–181, title V, §5.24, formerly §5.25, Dec. 10, 1971, 85 Stat. 624; renumbered §5.24, Pub. L. 99–205, title II, §203(b), Dec. 23, 1985, 99 Stat. 1694.)
Editorial Notes
Editorial Notes
Prior Provisions
A prior section 5.24 of Pub. L. 92–181 was renumbered section 5.23 and is classified to section 2258 of this title.
Prior Provisions
A prior section 5.24 of Pub. L. 92–181 was renumbered section 5.23 and is classified to section 2258 of this title.