2020 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter II - Farm Credit Associations
Part B - Federal Land Bank Associations
Sec. 2097 - Liens on stock

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Citation 12 U.S.C. § 2097 (2020)
Section Name §2097. Liens on stock
Section Text

Each Federal land bank association shall have a first lien on the stock and participation certificates it issues, except on stock or participation certificates held by other Farm Credit System institutions, for the payment of any liability of the stockholder to the association or to the bank, or to both of them.

Source Credit

(Pub. L. 92–181, title II, §2.15, formerly §2.16, as added Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1637; renumbered §2.15, Pub. L. 100–399, title IV, §401(w), Aug. 17, 1988, 102 Stat. 999.)


Editorial Notes EDITORIAL NOTES PRIOR PROVISIONS

A prior section 2097, Pub. L. 92–181, title II, §2.16, Dec. 10, 1971, 85 Stat. 602; Pub. L. 96–592, title II, §211, Dec. 24, 1980, 94 Stat. 3443, related to other services, prior to the general amendment of this subchapter by Pub. L. 100–233, §401.

A prior section 2.15 of Pub. L. 92–181 was renumbered section 2.14 and is classified to section 2096 of this title.


STATUTORY NOTES AND RELATED SUBSIDIARIES EFFECTIVE DATE

Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1622, provided that this section is effective 6 months after Jan. 6, 1988.

Publication Title United States Code, 2018 Edition, Supplement 2, 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 II - FARM CREDIT ASSOCIATIONS
Part B - Federal Land Bank Associations
Sec. 2097 - Liens on stock
Contains section 2097
Date 2020
Laws In Effect As Of Date January 13, 2021
Positive Law No
Disposition standard
Statutes at Large References 85 Stat. 602
94 Stat. 3443
101 Stat. 1637, 1622
102 Stat. 999
Public Law References Public Law 92-181, Public Law 96-592, Public Law 100-233, Public Law 100-399
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