2011 US Code
Title 12 - Banks and Banking
Chapter 23 - FARM CREDIT SYSTEM (§§ 2001 - 2279cc)
Subchapter III - BANKS FOR COOPERATIVES (§§ 2121 - 2149a)
Part B - United and National Banks for Cooperatives (§§ 2141 - 2149a)
Section 2145 - Exchange of ownership interests

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 12 - BANKS AND BANKING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 12 - BANKS AND BANKING
CHAPTER 23 - FARM CREDIT SYSTEM
SUBCHAPTER III - BANKS FOR COOPERATIVES
Part B - United and National Banks for Cooperatives
Sec. 2145 - Exchange of ownership interests
Containssection 2145
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawNo
Dispositionstandard
Source CreditPub. L. 92-181, title III, §3.24, as added Pub. L. 100-233, title IV, §415(2), Jan. 6, 1988, 101 Stat. 1644.
Statutes at Large Reference101 Stat. 1644
Public Law ReferencesPublic Law 92-181, Public Law 100-233

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12 USC § 2145 (2011)
§2145. Exchange of ownership interests

On the establishment of the consolidated bank, ownership interests of the stockholders and subscribers to the guaranty funds of the constituent district banks for cooperatives (including stock, participation certificates, and allocated equities) shall be exchanged for like ownership interests in the consolidated bank on a book value basis.

(Pub. L. 92–181, title III, §3.24, as added Pub. L. 100–233, title IV, §415(2), Jan. 6, 1988, 101 Stat. 1644.)

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