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Title 12 — Banks and Banking

Chapter 10 — Local Agricultural-Credit Corporations, Livestock-Loan Companies and Like Organizations; Loans to Individuals to Aid in Formation or to Increase Capital Stock

§§ 1401 to 1404. Repealed. Pub. L. 115–334, title V, § 5411(64), Dec. 20, 2018, 132 Stat. 4686

Repealed

This section has no operative text. The heading above names the act that repealed it, and the notes below are what the Code still records here.

Notes

removalDescription

Section 1401, act Mar. 3, 1932, ch. 70, § 1, 47 Stat. 60; Ex. Ord. No. 6084, , related to authorization of loans by the Governor of the Farm Credit Administration.

removalDescription

Section 1402, act Mar. 3, 1932, ch. 70, § 2, 47 Stat. 60; Ex. Ord. No. 6084, , set limitation on loans to individual stockholders and required approval of financial structure of corporation prior to loan made upon its capital stock.

removalDescription

Section 1403, act Mar. 3, 1932, ch. 70, § 3, 47 Stat. 60, related to minimum paid-in capital stock for loan or advance.

removalDescription

Section 1404, act Mar. 3, 1932, ch. 70, § 4, 47 Stat. 60, authorized appropriations to be paid into a revolving fund.

Parsed from the official OLRC USLM XML in data/usc_all/usc12.xml · release point 119-108 · OLRC build 2026-07-23

USLM identifier /us/usc/t12/s1401...1404