2016 US Code
Title 12 - Banks and Banking
Chapter 7B - Regional Agricultural Credit Corporations
Sec. 1148a-4 - Security for economic disaster and special livestock loans

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Citation 12 U.S.C. § 1148a-4 (2016)
Section Name §1148a–4. Security for economic disaster and special livestock loans
Section Text

Loans under section 1148a–2(b) and (c) 1 of this title shall be secured by the personal obligation and available security of the producer or producers, and in the case of loans to corporations or other business organizations, by the personal obligation and available security of each person holding as much as 10 per centum of the stock or other interest in the corporation or organization.

Source Credit

(July 14, 1953, ch. 192, §2, 67 Stat. 150.)

Editorial Notes REFERENCES IN TEXT

Section 1148a–2(b) and (c) of this title, referred to in text, was repealed by Pub. L. 87–128, title III, §341(a), Aug. 8, 1961, 75 Stat. 318.

Footnotes

1 See References in Text note below.

Publication Title United States Code, 2012 Edition, Supplement 4, 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 7B - REGIONAL AGRICULTURAL CREDIT CORPORATIONS
Sec. 1148a-4 - Security for economic disaster and special livestock loans
Contains section 1148a-4
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large References 67 Stat. 150
75 Stat. 318
Public Law References Public Law 87-128
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