Repealed. Aug. 11, 1955, ch. 785, title I, §110(b), 69 Stat. 662

  1. Law
  2. USC 12
  3. Banks And Banking
  4. FARM CREDIT ADMINISTRATION
  5. PROVISIONS COMMON TO PRODUCTION CREDIT ASSOCIATIONS, AND REGIONAL AND CENTRAL BANKS FOR COOPERATIVES
  6. Repealed. Aug. 11, 1955, ch. 785, title I, §110(b), 69 Stat. 662

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§1138f. Repealed. Aug. 11, 1955, ch. 785, title I, §110(b), 69 Stat. 662

Section, acts June 16, 1938, ch. 98, title VI, §66, 48 Stat. 269 ; Oct. 28, 1949, ch. 782, title XII, §1201, 63 Stat. 972 ; Oct. 24, 1951, ch. 554, §3, 65 Stat. 614 ; June 28, 1955, ch. 189, §5, 69 Stat. 178 , limited to $14,620 per annum compensation which could be paid directors, officers, or employees of banks for cooperatives, production credit corporations, and production credit associations.

Effective Date of Repeal

Act Aug. 11, 1955, ch. 785, title I, §112, 69 Stat. 662 , provided that: "This title [repealing this section and amending section 1141f of this title] shall take effect on the first day of the month next following one hundred and twenty days after its enactment [Aug. 11, 1955]."


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