2017 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter VI - Assistance to Farm Credit System
Part B - Financial Assistance Corporation
Sec. 2278b-3 - Stock

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Citation 12 U.S.C. § 2278b-3 (2017)
Section Name §2278b–3. Stock
Section Text

The Financial Assistance Corporation shall issue stock with a par value of $5 to System institutions, as provided for in this part, and such stock shall not be transferable, except in the event of a restructuring or liquidation to a successor System institution.

Source Credit

(Pub. L. 92–181, title VI, §6.23, as added Pub. L. 100–233, title II, §201, Jan. 6, 1988, 101 Stat. 1595; amended Pub. L. 102–237, title V, §502(m), Dec. 13, 1991, 105 Stat. 1869.)

Editorial Notes AMENDMENTS

1991—Pub. L. 102–237 inserted before period at end ", except in the event of a restructuring or liquidation to a successor System institution".

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 B - Financial Assistance Corporation
Sec. 2278b-3 - Stock
Contains section 2278b-3
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 101 Stat. 1595
105 Stat. 1869
Public Law References Public Law 92-181, Public Law 100-233, Public Law 102-237
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