Title 12 — Banks and Banking
Part A · Chapter 23 — Farm Credit System
§ 2157. Bonds as investments
Statutory text
The bonds, debentures, and other similar obligations issued under the authority of this chapter shall be lawful investments for all fiduciary and trust funds and may be accepted as security for all public deposits.
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.
Farm Credit Act of 1971
Pub. L. 92–181 title IV § 4 · 85 Stat. 583
Enacted · 12 U.S.C. § 2157
(Pub. L. 92–181, title IV, § 4.6, Dec. 10, 1971, 85 Stat. 612.)
Source evidence
Code source credit
(Pub. L. 92–181, title IV, § 4.6, Dec. 10, 1971, 85 Stat. 612.)Enacted provision · exact public law section
(4) Sue and be sued.
1 of 1 references resolved to an enrolled provision