Federal land bank association capitalization

  1. Law
  2. USC 12
  3. Banks And Banking
  4. FARM CREDIT SYSTEM
  5. FARM CREDIT ASSOCIATIONS
  6. Federal Land Bank Associations
  7. Federal land bank association capitalization

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§2094. Federal land bank association capitalization

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

(Pub. L. 92–181, title II, §2.13, as added Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1636 .)

Prior Provisions

A prior section 2094, Pub. L. 92–181, title II, §2.13, Dec. 10, 1971, 85 Stat. 599 ; Pub. L. 96–592, title II, §209, Dec. 24, 1980, 94 Stat. 3442 ; Pub. L. 99–205, title II, §205(e)(12)–(14), title III, §304(b), Dec. 23, 1985, 99 Stat. 1705 , 1708; Pub. L. 100–233, title VIII, §805(h), Jan. 6, 1988, 101 Stat. 1715 , related to stock and participation certificates, 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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