2017 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter VI - Assistance to Farm Credit System
Part A - Assistance Board
Sec. 2278a-11 - Exemption from taxation

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Citation 12 U.S.C. § 2278a-11 (2017)
Section Name §2278a–11. Exemption from taxation
Section Text

The Assistance Board, the capital, reserves, and surplus thereof, and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes on real estate held by the Assistance Board to the same extent, according to its value, as other similar property held by other persons is taxed.

Source Credit

(Pub. L. 92–181, title VI, §6.11, as added Pub. L. 100–233, title II, §201, Jan. 6, 1988, 101 Stat. 1594.)

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 VI - ASSISTANCE TO FARM CREDIT SYSTEM
Part A - Assistance Board
Sec. 2278a-11 - Exemption from taxation
Contains section 2278a-11
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 101 Stat. 1594
Public Law References Public Law 92-181, Public Law 100-233
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