2015 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 23 - Farm Credit System (Sections 2001 - 2279cc)
Subchapter III - Banks for Cooperatives (Sections 2121 - 2149a)
Part B - United and National Banks for Cooperatives (Sections 2141 - 2149a)
Sec. 2147 - Patronage pools
| Publication Title | United States Code, 2012 Edition, Supplement 3, 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 23 - FARM CREDIT SYSTEM SUBCHAPTER III - BANKS FOR COOPERATIVES Part B - United and National Banks for Cooperatives Sec. 2147 - Patronage pools |
| Contains | section 2147 |
| Date | 2015 |
| Laws In Effect As Of Date | January 3, 2016 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 92-181, title III, §3.26, as added Pub. L. 100-233, title IV, §415(2), Jan. 6, 1988, 101 Stat. 1644. |
| Statutes at Large Reference | 101 Stat. 1644 |
| Public and Private Law | Public Law 92-181, Public Law 100-233 |
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Under such terms and conditions as may be determined by its board of directors, the consolidated bank may—
(1) for a period of at least 3 years following January 6, 1988, establish separate patronage pools consisting of loans to eligible borrowers located in each constituent farm credit district (as such district existed on January 6, 1988); and
(2) allocate revenues, expenses, and net savings among such pools on an equitable basis.
(Pub. L. 92–181, title III, §3.26, as added Pub. L. 100–233, title IV, §415(2), Jan. 6, 1988, 101 Stat. 1644.)
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