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Title 12 — Banks and Banking

Chapter 23 — Farm Credit System

§ 2022. Liens on stock

Statutory text

The Farm Credit Banks shall have a first lien on the stock or participation certificates it issues for the payment of any liability of the stockholders to the bank.

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. § 2022

    (Pub. L. 92–181, title I, § 1.14, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1629.)

    Source evidence

    Code source credit
    (Pub. L. 92–181, title I, § 1.14, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1629.)

    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 1.14 of Pub. L. 92–181 was classified to section 2032 of this title 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, § 1.14, as added Pub. L. 100–233, title IV, § 401, , 101 Stat. 1629.)

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/s2022