2013 US Code
Title 12 - Banks and Banking
Chapter 7 - FARM CREDIT ADMINISTRATION (§§ 636 - 1138f)
Subchapter II-A - FEDERAL FARM MORTGAGE CORPORATION (§§ 1020 - 1020h)
Section 1020 to 1020a-1 - Repealed. Pub. L. 87-353, §3(a), (v), Oct. 4, 1961, 75 Stat. 773, 774
| Publication Title | United States Code, 2012 Edition, Supplement 1, Title 12 - BANKS AND BANKING |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 12 - BANKS AND BANKING CHAPTER 7 - FARM CREDIT ADMINISTRATION SUBCHAPTER II-A - FEDERAL FARM MORTGAGE CORPORATION Secs. 1020 to 1020a-1 - Repealed. Pub. L. 87-353, §3(a), (v), Oct. 4, 1961, 75 Stat. 773, 774 |
| Contains | sections 1020 to 1020a-1 |
| Date | 2013 |
| Laws in Effect as of Date | January 16, 2014 |
| Positive Law | No |
| Disposition | repealed |
| Statutes at Large References | 48 Stat. 344, 345 58 Stat. 741 75 Stat. 773 |
| Public Law Reference | Public Law 87-353 |
Download PDF
Section 1020, act Jan. 31, 1934, ch. 7, §1, 48 Stat. 344, provided for establishment of Federal Farm Mortgage Corporation, and for board of directors, bylaws, regulations and employment of officers and employees.
Section 1020a, act Jan. 31, 1934, ch. 7, §2, 48 Stat. 345, related to period of succession of Federal Farm Mortgage Corporation, its powers, free use of mails and use of Government facilities.
Section 1020a–1, act Sept. 21, 1944, ch. 412, title VI, §603, 58 Stat. 741, provided for treatment of capital investment expenditures as nonadministrative expenses.
ABOLITION OF FEDERAL FARM MORTGAGE CORPORATIONPub. L. 87–353, §§1, 2, Oct. 4, 1961, 75 Stat. 773, abolished Federal Farm Mortgage Corporation established by the Act of Jan. 31, 1934, 48 Stat. 344, formerly set out in section 1020 of this title, terminated all powers and functions of Corporation, transferred all assets owned by Corporation and all authority of the Corporation relating to collection of notes receivable from Federal land banks to Secretary of the Treasury, authorized Federal land bank of appropriate district to execute in its own name or the name of Corporation any instrument necessary to perfect title to real property (other than reserved mineral interests) which appeared to be in Land Bank Commissioner in a particular district or Corporation, reserved mineral interests of Corporation which were not disposed of to United States of America to be administered by Secretary of the Interior, provided that any moneys collected by Secretary of the Treasury by virtue of act be deposited in general fund of the Treasury as miscellaneous receipts and further provided that no proceeding commenced by or against the Corporation would abate as the court on motion filed within twelve months after the date of enactment of the act (Oct. 4, 1961) could allow the same to be maintained by or against Secretary of the Treasury.
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.
