2017 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter III - Banks for Cooperatives
Part A - Banks for Cooperatives
Sec. 2125 - Dividends

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Citation 12 U.S.C. § 2125 (2017)
Section Name §2125. Dividends
Section Text

Dividends may be payable only on nonvoting investment stock, if declared by the board of directors of the bank, subject to the general direction of the Farm Credit Administration.

Source Credit

(Pub. L. 92–181, title III, §3.4, Dec. 10, 1971, 85 Stat. 604; Pub. L. 99–205, title II, §205(e)(5), title VI, §606, Dec. 23, 1985, 99 Stat. 1705, 1711; Pub. L. 100–233, title VIII, §805(l), Jan. 6, 1988, 101 Stat. 1715.)

Editorial Notes AMENDMENTS

1988—Pub. L. 100–233 struck out "other than stock held by the Farm Credit Administration," after "investment stock,".

1985—Pub. L. 99–205 struck out "the Governor of" before "the Farm Credit Administration" and inserted ", subject to the general direction of the Farm Credit Administration".

EFFECTIVE DATE OF 1985 AMENDMENT

Amendment by Pub. L. 99–205 effective thirty days after Dec. 23, 1985, see section 401 of Pub. L. 99–205, set out as a note under section 2001 of this title.

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 III - BANKS FOR COOPERATIVES
Part A - Banks for Cooperatives
Sec. 2125 - Dividends
Contains section 2125
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 85 Stat. 604
99 Stat. 1705
101 Stat. 1715
Public Law References Public Law 92-181, Public Law 99-205, Public Law 100-233
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