§ 1020b, 1020c. — Repealed.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1020b]
TITLE 12--BANKS AND BANKING
CHAPTER 7--FARM CREDIT ADMINISTRATION
SUBCHAPTER II-A--FEDERAL FARM MORTGAGE CORPORATION
Secs. 1020b, 1020c. Repealed. Pub. L. 87-353, Sec. 3(a), Oct. 4,
1961, 75 Stat. 773
Section 1020b, acts Jan. 31, 1934, ch. 7, Sec. 3, 48 Stat. 345; June
25, 1940, ch. 427, Sec. 4, 54 Stat. 573; June 30, 1945, ch. 204,
Sec. 14, 59 Stat. 269; July 12, 1946, ch. 570, Sec. 2, 60 Stat. 532,
prescribed the capital of the Federal Farm Mortgage Corporation to be in
the sum of $200,000,000 and provided for subscription by the United
States and repayment by the Corporation.
Section 1020c, acts Jan. 31, 1934, ch. 7, Sec. 4(a), 48 Stat. 345;
Apr. 27, 1934, ch. 168, Sec. 14, 48 Stat. 647, authorized the issuance
of bonds not exceeding $2,000,000,000 at any one time and provided for
purchase and sale by United States and exchange of such bonds for
consolidated farm loan bonds.
