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12 U.S.C. § 1429Eligibility to secure advances

submitted 94 years ago by ch. 522 to r/title-12-BANKS-AND-BANKING · 62 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

Any member of a Federal Home Loan Bank shall be entitled to apply in writing for advances. Such application shall be in such form as shall be required by the Federal Home Loan Bank. Such Federal Home Loan Bank may at its discretion deny any such application, or may grant it on such conditions as the Federal Home Loan Bank may prescribe.

Source credit: (July 22, 1932, ch. 522, § 9, 47 Stat. 731; Pub. L. 101–73, title VII, §§ 701(b)(1), (3)(A), 710(a), Aug. 9, 1989, 103 Stat. 412, 418; Pub. L. 106–102, title VI, § 606(f)(1), Nov. 12, 1999, 113 Stat. 1455.)

history & why it existsrecord from the source credit
  • 1932Enacted · Act of July 22, 1932, ch. 522 · 47 Stat. 731
  • 1989Amended · Pub. L. 101-73 · 103 Stat. 412, 418
  • 1999Amended · Pub. L. 106-102 · 113 Stat. 1455

A history note hasn’t been published yet. The record shows enactment by ch. 522 on 1932-07-22.

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