§ 1023b to 1027. — Repealed.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: 12USC1023b]
TITLE 12--BANKS AND BANKING
CHAPTER 7--FARM CREDIT ADMINISTRATION
SUBCHAPTER III--FEDERAL INTERMEDIATE CREDIT BANKS
Organization
Secs. 1023b to 1027. Repealed. Pub. L. 92-181, title V,
Sec. 5.26(a), Dec. 10, 1971, 85 Stat. 624
Section 1023b, act July 26, 1956, ch. 741, title II, Sec. 201(b), 70
Stat. 667, provided for utilization of funds for administrative expenses
of intermediate credit banks.
Section 1024, act July 17, 1916, ch. 245, title II, Sec. 201(d), as
added Mar. 4, 1923, ch. 252, title I, Sec. 2, 42 Stat. 1454, authorized
intermediate credit banks to serve as fiscal agents for the United
States.
Section 1025, act July 17, 1916, ch. 245, title II, Sec. 201(e), as
added Mar. 4, 1923, ch. 252, title I, Sec. 2, 42 Stat. 1454; amended Ex.
Ord. No. 6084, Mar. 27, 1933; Aug. 18, 1959, Pub. L. 86-168, title I,
Sec. 104(h), 73 Stat. 387, covered insolvency and receivership of
intermediate credit banks.
Section 1026, act July 17, 1916, ch. 245, title II, Sec. 201(f), as
added Mar. 4, 1923, ch. 252, title I, Sec. 2, 42 Stat. 1454; amended Ex.
Ord. No. 6084, Mar. 27, 1933, provided for grant of charters to
intermediate credit banks upon application in form prescribed by Farm
Credit Administration.
Section 1027, act July 26, 1956, ch. 741, title I, Sec. 101(a) to
(c), 70 Stat. 659, covered merger of production credit corporations in
Federal intermediate credit banks.
Section 1027 note, act July 26, 1956, ch. 741, Sec. 2, 70 Stat. 659,
set out a Congressional declaration of policy to be followed in
construing provisions of act July 26, 1956.