Title 12 — Banks and Banking
Chapter 31 — National Consumer Cooperative Bank
§ 3017a. Class A notes as paid-in capital of the Bank
Statutory text
Only for purposes of section 3017(a) of this title, class A notes shall be deemed to be paid-in capital of 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.
Pub. L. 97–35 title III § 391(b)(1) · 95 Stat. 357
Enacted · 12 U.S.C. § 3017a
(Pub. L. 97–35, title III, § 391(b)(1), Aug. 13, 1981, 95 Stat. 434.)
Source evidence
Code source credit
(Pub. L. 97–35, title III, § 391(b)(1), Aug. 13, 1981, 95 Stat. 434.)Enacted provision · exact public law section
(1) Only for purposes of section 107(a) of the National Consumer Cooperative Bank Act (12 U.S.C. 3017(a)), class A notes shall be deemed to be paid-in capital of the Bank.
1 of 1 references resolved to an enrolled provision
Editorial Notes
Codification
Section was enacted as part of the National Consumer Cooperative Bank Act Amendments of 1981 and also as part of the Omnibus Budget Reconciliation Act of 1981, and not as part of the National Consumer Cooperative Bank Act which comprises this chapter.
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 97–35, title III, § 391(b)(2), , 95 Stat. 434, provided that: “This subsection [enacting this section] shall take effect on the day after the Final Government Equity Redemption Date [].”
For definition of “Final Government Equity Redemption Date”, see section 396(a) of Pub. L. 97–35, set out as a note under section 3012 of this title.