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Title 12 — Banks and Banking

Chapter 23 — Farm Credit System

§ 2014. Farm Credit Bank capitalization

Statutory text

In accordance with section 2154a of this title, the Farm Credit Banks 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.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Farm Credit Act of 1971

    Pub. L. 92–181 title I § 1 · 85 Stat. 583

    Enacted · 12 U.S.C. § 2014

    (Pub. L. 92–181, title I, § 1.6, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1624.)

    Source evidence

    Code source credit
    (Pub. L. 92–181, title I, § 1.6, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1624.)

    Enacted provision · exact public law section
    (1) Adopt and use a corporate seal.

1 of 1 references resolved to an enrolled provision

Editorial Notes

Prior Provisions

A prior section 2014, Pub. L. 92–181, title I, § 1.6, , 85 Stat. 585; Pub. L. 96–592, title I, § 103, , 94 Stat. 3438, related to real estate mortgage loans, prior to the general amendment of this subchapter by Pub. L. 100–233, § 401.

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 100–233, title IV, § 401, , 101 Stat. 1622, provided that this section is effective 6 months after .

Credits

(Pub. L. 92–181, title I, § 1.6, as added Pub. L. 100–233, title IV, § 401, , 101 Stat. 1624.)

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/s2014