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2019 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-2 - Powers of merged banks
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| 12 U.S.C. § 2279a-2 (2019) |
| §2279a–2. Powers of merged banks |
|
(a) In general
Except as otherwise provided in this subchapter, a merged bank shall have all of the powers granted to, and shall be subject to all of the obligations imposed on, any of the constituent entities of the merged bank. (b) RegulationsThe Farm Credit Administration shall issue regulations that establish the manner in which the powers and obligations of the banks that form the merged bank are consolidated, and to the extent necessary, reconciled in the merged bank. |
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(Pub. L. 92–181, title VII, §7.2, as added Pub. L. 100–233, title IV, §416, Jan. 6, 1988, 101 Stat. 1645.) |
| United States Code, 2018 Edition, Supplement 1, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| 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-2 - Powers of merged banks |
| section 2279a-2 |
| 2019 |
| January 24, 2020 |
| No |
| standard |
| 101 Stat. 1645 |
| Public Law 92-181, Public Law 100-233 |
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