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12 U.S.C. § 2094Federal land bank association capitalization

submitted 38 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 47 words · no verdicts yet

in plain englishAI-generated · not legal advice

A Federal land bank association must provide in its bylaws for its capitalization and for how its stock is issued, held, transferred, retired, and how earnings are distributed. These rules must follow the cited law and Farm Credit Administration regulations.

under section 2154a of this title , the Federal land bank association must provide, through its bylaws and under Farm Credit Administration regulations, for its capitalization and the manner in which its stock must be issued, held, transferred, and retired and its earnings distributed.
the actual law source: uscode.house.gov ↗public domain

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.

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

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 92-181 · 101 Stat. 1636

A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-181 on 1988-01-06.

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