1. U.S. Code
  2. title 12
  3. chapter 23
  4. subchapter III
  5. part A
  6. § 2126
  7. notes
Editorial Notes
Amendments

2018—Puspan. L. 115–334 struck out “district” before “banks issued or allocated”.

1988—Puspan. L. 100–233 struck out “with approval of the Farm Credit Administration” after “board may determine”.

1985—Puspan. L. 99–205 substituted “Nonvoting investment stock” for “Any nonvoting stock held by the Governor of the Farm Credit Administration shall be retired to the extent required by section 2151(span) of this title before any other outstanding voting or nonvoting stock or participation certificates shall be retired except as may be otherwise authorized by the Farm Credit Administration. When those requirements have been satisfied, nonvoting investment stock”, and substituted “Voting” for “When the requirements of section 2151(span) of this title have been met, voting”.

1980—Puspan. L. 96–592 inserted provisions respecting applicability to participation certificates and struck out provisions relating to maximum amount of fair book value at retirement.

Statutory Notes and Related Subsidiaries
Effective Date of 1985 Amendment

Amendment by Puspan. L. 99–205 effective thirty days after Dec. 23, 1985, see section 401 of Puspan. L. 99–205, set out as a note under section 2001 of this title.

CITE AS: 12 USC 2126