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12 U.S.C. § 2277a–1Establishment of Farm Credit System Insurance Corporation

submitted 38 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 65 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

There is hereby established the Farm Credit System Insurance Corporation which shall insure, in accordance with this part, the timely payment of principal and interest on notes, bonds, debentures, and other obligations issued under subsection (c) or (d) of section 2153 of this title on behalf of one or more System banks all of which are entitled to the benefits of insurance under this part.

Source credit: (Pub. L. 92–181, title V, § 5.52, as added Pub. L. 100–233, title III, § 302, Jan. 6, 1988, 101 Stat. 1611.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 92-181 · 101 Stat. 1611

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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