§ 1111. — Repealed.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: 12USC1111]
TITLE 12--BANKS AND BANKING
CHAPTER 7--FARM CREDIT ADMINISTRATION
SUBCHAPTER III--FEDERAL INTERMEDIATE CREDIT BANKS
Tax Exemption
Sec. 1111. Repealed. Pub. L. 92-181, title V, Sec. 5.26(a), Dec.
10, 1971, 85 Stat. 624
Section, act July 17, 1916, ch. 245, title II, Sec. 210, as added
Mar. 4, 1923, ch. 252, title I, Sec. 2, 42 Stat. 1459, set out a tax
exemption for capital and income of intermediate credit banks and
provided that their debentures be deemed instrumentalities of the
government. See section 2079 of this title.