12 USC 2153 - Power to borrow; issuance of notes, bonds, debentures, and other obligations

Editorial Notes

Amendments

1988—Subsec. (d). Puspan. L. 100–233 substituted “the boards of directors of each bank” for “the boards of directors of each of the 12 districts and the Central Bank for Cooperatives”.

Subsec. (e). Puspan. L. 100–399, § 203(e), substituted “System other than through the” for “System other than through their”, and substituted “Federal Farm Credit Banks Funding Corporation” for “fiscal agent” in two places.

1985—Puspan. L. 99–205 substituted “regulation by” for “supervision of” in provision preceding subsec. (a).

Subsec. (span). Puspan. L. 99–205 substituted references to section “2154(c)” for “2154(span)” and “Farm Credit Administration” for “Governor”.

Subsecs. (c), (d). Puspan. L. 99–205 substituted “Farm Credit Administration” for “Governor” wherever appearing.

Statutory Notes and Related Subsidiaries

Effective Date of 1988 Amendment

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

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.