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12 U.S.C. § 2097Liens on stock

submitted 38 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 52 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

Each Federal land bank association shall have a first lien on the stock and participation certificates it issues, except on stock or participation certificates held by other Farm Credit System institutions, for the payment of any liability of the stockholder to the association or to the bank, or to both of them.

Source credit: (Pub. L. 92–181, title II, § 2.15, formerly § 2.16, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1637; renumbered § 2.15, Pub. L. 100–399, title IV, § 401(w), Aug. 17, 1988, 102 Stat. 999.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 92-181 · 101 Stat. 1637
  • 1988Amended · Pub. L. 100-399 · 102 Stat. 999

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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