2011 US Code
Title 12 - Banks and Banking
Chapter 23 - FARM CREDIT SYSTEM (§§ 2001 - 2279cc)
Subchapter VII - RESTRUCTURING OF SYSTEM INSTITUTIONS (§§ 2279a - 2279g)
Part A - Merger of Banks Within a District (§§ 2279a - 2279a-5)
Section 2279a-3 - Capitalization

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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 VII - RESTRUCTURING OF SYSTEM INSTITUTIONS
Part A - Merger of Banks Within a District
Sec. 2279a-3 - Capitalization
Containssection 2279a-3
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawNo
Dispositionstandard
Source CreditPub. L. 92-181, title VII, §7.3, as added Pub. L. 100-399, title IV, §408(d), Aug. 17, 1988, 102 Stat. 1001.
Statutes at Large References101 Stat. 1645
102 Stat. 1001
Public Law ReferencesPublic Law 92-181, Public Law 100-233, Public Law 100-399

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12 USC § 2279a-3 (2011)
§2279a–3. Capitalization

In accordance with section 2154a of this title, each merged bank shall provide, through bylaws and subject to Farm Credit Administration regulations, for the capitalization of the bank and the manner in which bank stock shall be issued, held, transferred, and retired and bank earnings distributed.

(Pub. L. 92–181, title VII, §7.3, as added Pub. L. 100–399, title IV, §408(d), Aug. 17, 1988, 102 Stat. 1001.)

Prior Provisions

A prior section 2279a–3, Pub. L. 92–181, title VII, §7.3, as added Pub. L. 100–233, title IV, §416, Jan. 6, 1988, 101 Stat. 1645, related to issuance of shares of capital stock, prior to repeal by Pub. L. 100–399, title IV, §408(d), Aug. 17, 1988, 102 Stat. 1001.

Effective Date

Section effective as if enacted immediately after enactment of Pub. L. 100–233, which was approved Jan. 6, 1988, see section 1001(a) of Pub. L. 100–399, set out as an Effective Date of 1988 Amendment note under section 2002 of this title.

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