Farm Credit Bank capitalization

  1. Law
  2. USC 12
  3. Banks And Banking
  4. FARM CREDIT SYSTEM
  5. FARM CREDIT BANKS
  6. Farm Credit Bank capitalization

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§2014. Farm Credit Bank capitalization

In accordance with section 2154a of this title, the Farm Credit Banks shall provide, through bylaws and subject to Farm Credit Administration regulations, for the capitalization of the bank and the manner in which bank stock shall be issued, held, transferred, and retired and bank earnings distributed.

(Pub. L. 92–181, title I, §1.6, as added Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1624 .)

Prior Provisions

A prior section 2014, Pub. L. 92–181, title I, §1.6, Dec. 10, 1971, 85 Stat. 585 ; Pub. L. 96–592, title I, §103, Dec. 24, 1980, 94 Stat. 3438 , related to real estate mortgage loans, prior to the general amendment of this subchapter by Pub. L. 100–233, §401.

Effective Date

Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1622 , provided that this section is effective 6 months after Jan. 6, 1988.


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