FEDERAL · 12 U.S.C. · Chapter 31

Class A notes as paid-in capital of the Bank

Current through Pub. L. 119-102
Title 12Banks and Banking·Ch. 31 — NATIONAL CONSUMER COOPERATIVE BANK·Subch. I
Only for purposes of section 3017(a) of this title, class A notes shall be deemed to be paid-in capital of the Bank.

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12 U.S.C. § 3017a (Class A notes as paid-in capital of the Bank) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 3017
12 U.S.C. § 3017

Source Credit

History

(Pub. L. 97–35, title III, §391(b)(1), Aug. 13, 1981, 95 Stat. 434.)

Editorial Notes

Editorial Notes

Codification
Section was enacted as part of the National Consumer Cooperative Bank Act Amendments of 1981 and also as part of the Omnibus Budget Reconciliation Act of 1981, and not as part of the National Consumer Cooperative Bank Act which comprises this chapter.

Statutory Notes and Related Subsidiaries

Effective Date
Pub. L. 97–35, title III, §391(b)(2), Aug. 13, 1981, 95 Stat. 434, provided that: "This subsection [enacting this section] shall take effect on the day after the Final Government Equity Redemption Date [Dec. 31, 1981]." For definition of "Final Government Equity Redemption Date", see section 396(a) of Pub. L. 97–35, set out as a note under section 3012 of this title.