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12 U.S.C. § 2219 — Limitation on separate sale

submitted 41 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 49 words · no verdicts yet

in plain englishAI-generated · not legal advice

Limitation on separate sale. If real property is acquired by any institution of the Farm Credit System through foreclosure, no institution of the Farm Credit System must sell the surface rights to that real property to any person unless the institution also sells all mineral rights to that real property to that person.

If real property is acquired by any institution of the Farm Credit System through foreclosure, no institution of the Farm Credit System must sell the surface rights to that real property to any person unless the institution also sells all mineral rights to that real property to that person.
the actual law source: uscode.house.gov ↗public domain

If real property is acquired by any institution of the Farm Credit System through foreclosure, no institution of the Farm Credit System shall sell the surface rights to that real property to any person unless the institution also sells all mineral rights to that real property to that person.

Source credit: (Pub. L. 92–181, title IV, § 4.35, as added Pub. L. 99–205, title III, § 306, Dec. 23, 1985, 99 Stat. 1709.)

history & why it existsrecord from the source credit
  • 1985Enacted · Pub. L. 92-181 · 99 Stat. 1709

A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-181 on 1985-12-23.

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