2018 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter VII - Restructuring of System Institutions
Part A - Merger of Banks Within a District
Sec. 2279a-3 - Capitalization

Download PDF
Citation 12 U.S.C. § 2279a-3 (2018)
Section Name §2279a–3. Capitalization
Section Text

In accordance with section 2154a of this title, each merged bank shall provide, through bylaws and subject to Farm Credit Administration regulations, for the capitalization of the bank and the manner in which bank stock shall be issued, held, transferred, and retired and bank earnings distributed.

Source Credit

(Pub. L. 92–181, title VII, §7.3, as added Pub. L. 100–399, title IV, §408(d), Aug. 17, 1988, 102 Stat. 1001.)

Editorial Notes PRIOR PROVISIONS

A prior section 2279a–3, Pub. L. 92–181, title VII, §7.3, as added Pub. L. 100–233, title IV, §416, Jan. 6, 1988, 101 Stat. 1645, related to issuance of shares of capital stock, prior to repeal by Pub. L. 100–399, title IV, §408(d), Aug. 17, 1988, 102 Stat. 1001.

EFFECTIVE DATE

Section effective as if enacted immediately after enactment of Pub. L. 100–233, which was approved Jan. 6, 1988, see section 1001(a) of Pub. L. 100–399, set out as an Effective Date of 1988 Amendment note under section 2002 of this title.

Publication Title United States Code, 2018 Edition, 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 VII - RESTRUCTURING OF SYSTEM INSTITUTIONS
Part A - Merger of Banks Within a District
Sec. 2279a-3 - Capitalization
Contains section 2279a-3
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law No
Disposition standard
Statutes at Large References 101 Stat. 1645
102 Stat. 1001
Public Law References Public Law 92-181, Public Law 100-233, Public Law 100-399
Disclaimer: These codes may not be the most recent version. United States may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.