2017 US Code
Title 12 - Banks and Banking
Chapter 11 - Federal Home Loan Banks
Sec. 1429 - Eligibility to secure advances
| 12 U.S.C. § 1429 (2017) |
| §1429. Eligibility to secure advances |
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Any member of a Federal Home Loan Bank shall be entitled to apply in writing for advances. Such application shall be in such form as shall be required by the Federal Home Loan Bank. Such Federal Home Loan Bank may at its discretion deny any such application, or may grant it on such conditions as the Federal Home Loan Bank may prescribe. |
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(July 22, 1932, ch. 522, §9, 47 Stat. 731; Pub. L. 101–73, title VII, §§701(b)(1), (3)(A), 710(a), Aug. 9, 1989, 103 Stat. 412, 418; Pub. L. 106–102, title VI, §606(f)(1), Nov. 12, 1999, 113 Stat. 1455.) |
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AMENDMENTS
1999—Pub. L. 106–102 struck out "with the approval of the Board" after "Federal Home Loan Bank" in second sentence and struck out ", subject to the approval of the Board," after "deny any such application, or" in third sentence. 1989—Pub. L. 101–73, §710(a), struck out "or nonmember borrower" after "Any member". Pub. L. 101–73, §701(b)(1), (3)(A), substituted "Board" for "board" wherever appearing. |
| United States Code, 2012 Edition, Supplement 5, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 11 - FEDERAL HOME LOAN BANKS Sec. 1429 - Eligibility to secure advances |
| section 1429 |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| 47 Stat. 731 103 Stat. 412 113 Stat. 1455 |
| Public Law 101-73, Public Law 106-102 |
