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12 U.S.C. § 2146 — 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

In accordance with section 2154a of this title , each consolidated bank 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, transfe...

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

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

In accordance with section 2154a of this title, each consolidated bank 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.

Source credit: (Pub. L. 92–181, title III, § 3.25, as added Pub. L. 100–233, title IV, § 415(2), Jan. 6, 1988, 101 Stat. 1644; amended Pub. L. 100–399, title IV, § 407(f), Aug. 17, 1988, 102 Stat. 1000.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 92-181 · 101 Stat. 1644
  • 1988Amended · Pub. L. 100-399 · 102 Stat. 1000

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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