2017 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter II - Farm Credit Associations
Part A - Production Credit Associations
Sec. 2076a - Liens on stock

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Citation 12 U.S.C. § 2076a (2017)
Section Name §2076a. Liens on stock
Section Text

Except with regard to stock or participation certificates held by other Farm Credit System institutions, each production credit association shall have a first lien on stock and participation certificates the association issues, on allocated surplus, and on investments in equity reserve, for any indebtedness of the holder of the capital investments and, in the case of equity reserves, for charges for association losses in excess of reserves and surpluses.

Source Credit

(Pub. L. 92–181, title II, §2.6, as added Pub. L. 101–624, title XVIII, §1833(2), Nov. 28, 1990, 104 Stat. 3832.)

Editorial Notes PRIOR PROVISIONS

A prior section 2.6 of Pub. L. 92–181 was renumbered section 2.7 and is classified to section 2077 of this title.

EFFECTIVE DATE

Section effective Jan. 7, 1988, see section 1861(d) of Pub. L. 101–624, set out as an Effective Date of 1990 Amendment note under section 2001 of Title 7, Agriculture.

Publication Title United States Code, 2012 Edition, Supplement 5, 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 II - FARM CREDIT ASSOCIATIONS
Part A - Production Credit Associations
Sec. 2076a - Liens on stock
Contains section 2076a
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 104 Stat. 3832
Public Law References Public Law 92-181, Public Law 101-624
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