2017 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter III - Banks for Cooperatives
Part B - United and National Banks for Cooperatives
Sec. 2145 - Exchange of ownership interests

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Citation 12 U.S.C. § 2145 (2017)
Section Name §2145. Exchange of ownership interests
Section Text

On the establishment of the consolidated bank, ownership interests of the stockholders and subscribers to the guaranty funds of the constituent district banks for cooperatives (including stock, participation certificates, and allocated equities) shall be exchanged for like ownership interests in the consolidated bank on a book value basis.

Source Credit

(Pub. L. 92–181, title III, §3.24, as added Pub. L. 100–233, title IV, §415(2), Jan. 6, 1988, 101 Stat. 1644.)

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 B - United and National Banks for Cooperatives
Sec. 2145 - Exchange of ownership interests
Contains section 2145
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 101 Stat. 1644
Public Law References Public Law 92-181, Public Law 100-233
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