12 U.S.C. § 2205 — Interest rates
submitted 46 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 108 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Interest rates on loans from institutions of the Farm Credit* System shall not be subject to any interest rate limitation imposed by any State* constitution or statute or other laws. Such limitation is preempted for purposes of this chapter. Interest rates on loans made by agricultural credit corporations organized in conjunction with cooperative associations for the purpose of financing the ordinary crop operations of the members of such associations or other producers and eligible to discount with the Farm Credit Banks shall be exempt from any interest rate limitation imposed by any State constitution or statute or other laws which are hereby preempted for purposes of this chapter.
Source credit: (Pub. L. 92–181, title IV, § 4.17, as added Pub. L. 96–592, title IV, § 403, Dec. 24, 1980, 94 Stat. 3446; amended Pub. L. 99–205, title II, § 205(f)(6), Dec. 23, 1985, 99 Stat. 1706; Pub. L. 99–509, title I, § 1035, Oct. 21, 1986, 100 Stat. 1878; Pub. L. 100–399, title IX, § 901(h), Aug. 17, 1988, 102 Stat. 1007; Pub. L. 115–334, title V, § 5411(24), Dec. 20, 2018, 132 Stat. 4682.)
- 1980Enacted · Pub. L. 92-181 · 94 Stat. 3446
- 1985Amended · Pub. L. 99-205 · 99 Stat. 1706
- 1986Amended · Pub. L. 99-509 · 100 Stat. 1878
- 1988Amended · Pub. L. 100-399 · 102 Stat. 1007
- 2018Amended · Pub. L. 115-334 · 132 Stat. 4682
A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-181 on 1980-12-24.
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