§ 2249. Administrative expenses

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. 1971

   Farm Credit Act of 1971

   Pub. L. 92–181 title V § 5 · 85 Stat. 583

   Enacted · 12 U.S.C. § 2249

   Pub. L. 92–181, title V, § 5.14, formerly § 5.15, Dec. 10, 1971, 85 Stat. 620

   Source evidence

   Code source credit
   Pub. L. 92–181, title V, § 5.14, formerly § 5.15, Dec. 10, 1971, 85 Stat. 620

   Enacted provision · exact public law section
   (5) Acquire, hold, dispose, and otherwise exercise all the usual incidents of ownership of real and personal property necessary or convenient to its business.

2. 1980

   Farm Credit Act Amendments of 1980

   Pub. L. 96–592 title V § 505 · 94 Stat. 3437

   Inserted · 12 U.S.C. § 2249

   Pub. L. 96–592 inserted provisions relating to disposal of property and deposit of amounts from such disposal

   Source evidence

   Code amendment note
   Pub. L. 96–592 inserted provisions relating to disposal of property and deposit of amounts from such disposal.

   Enacted provision · exact public law section
   Sec. 505. Section 5.15 of the Farm Credit Act of 1971 is amended by Property disposal. 12 USC 2249. adding at the end thereof a new sentence as follows: “The Farm Credit Administration may dispose of property so acquired and any amounts collected from the disposition of such property shall be deposited in the special fund provided for in section 5.16(b) of this Act 12 USC 2250. and shall be available to the Administration in the same manner and for the same purposes as the funds collected under section 5.16(a) of this Act.”

3. 1985

   Farm Credit Amendments Act of 1985

   Pub. L. 99–205 title II § 201(4) · 99 Stat. 1678

   Changed · 12 U.S.C. § 2249

   Pub. L. 99–205 made technical amendments to the references to sections 2250(b) and 2250(a) of this title appearing in second sentence to reflect the renumbering of the corresponding section of the original act

   Source evidence

   Code amendment note
   Pub. L. 99–205 made technical amendments to the references to sections 2250(b) and 2250(a) of this title appearing in second sentence to reflect the renumbering of the corresponding section of the original act.

   Enacted provision · exact public law section
   (4) redesignating section 5.15 as section 5.14, and, in the second sentence of section 5.14, as so redesignated, striking out “section 5.16(b)” and “section 5.16(a)” and inserting in lieu thereof “section 5.15(b)” and “section 5.15(a)”, respectively;

   Effective date note
   Amendment by Pub. L. 99–205 effective thirty days after Dec. 23, 1985, see section 401 of Pub. L. 99–205, set out as a note under section 2001 of this title.

3 of 3 references resolved to an enrolled provision