§ 1131d to 1131g. — Repealed.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: 12USC1131d]
TITLE 12--BANKS AND BANKING
CHAPTER 7--FARM CREDIT ADMINISTRATION
SUBCHAPTER IV--PRODUCTION CREDIT ASSOCIATIONS
Production Credit Associations
Secs. 1131d to 1131g. Repealed. Pub. L. 92-181, title V,
Sec. 5.26(a), Dec. 10, 1971, 85 Stat. 624
Section 1131d, acts June 16, 1933, ch. 98, title II, Sec. 20, 48
Stat. 259; July 26, 1956, ch. 741, title I, Sec. 105(f), 70 Stat. 665,
authorized organization of production credit associations and provided
for charters, bylaws, powers of governor, and other powers of such
associations. See section 2093 of this title.
Section 1131e, acts June 16, 1933, ch. 98, title II, Sec. 21, 48
Stat. 260; Aug. 11, 1955, ch. 785, title II, Sec. 201, 69 Stat. 663;
July 26, 1956, ch. 741, title I, Sec. 105(g), 70 Stat. 665, provided for
capital stock of production credit associations and its value, classes,
voting rights, limitations on transfer, exchange, and dividends. See
section 2094 of this title.
Section 1131e-1, acts Aug. 6, 1953, ch. 335, Sec. 16, 67 Stat. 399;
July 26, 1956, ch. 741, title I, Sec. 107(b), 70 Stat. 666; Oct. 17,
1968, Pub. L. 90-582, Sec. 2(b), 82 Stat. 1145, provided for issuance of
class C stock for production credit associations and conditions,
privileges, restrictions, limitations, and qualifications placed on such
stock.
Section 1131f, acts June 16, 1933, ch. 98, title II, Sec. 22, 48
Stat. 261; Aug. 11, 1955, ch. 785, title II, Sec. 202, 69 Stat. 663;
July 26, 1956, ch. 741, title I, Sec. 105(h), 70 Stat. 665; Oct. 3,
1961, Pub. L. 87-343, Sec. 2(2), 75 Stat. 758; Oct. 4, 1965, Pub. L. 89-
237, Sec. 2(a), 78 Stat. 924, covered application of earnings of
production credit associations and restoration of capital, impairment,
surplus account, distribution of earnings, and allocation on a patronage
basis. See section 2095 of this title.
Section 1131g, acts June 16, 1933, ch. 98, title II, Sec. 23, 48
Stat. 261; Aug. 11, 1955, ch. 785, title II, Sec. 204, 69 Stat. 663;
July 26, 1956, ch. 741, title I, Sec. 105(i), 70 Stat. 665; Oct. 4,
1965, Pub. L. 89-237, Sec. 2(b), 79 Stat. 924; Dec. 15, 1967, Pub. L.
90-204, Sec. 3(a), 81 Stat. 612; June 18, 1968, Pub. L. 90-345, Sec. 2,
82 Stat. 183, authorized loans to farmers by production credit
associations, terms and conditions, rates of interest, security,
limitations on indebtedness, ownership of stock, and investments in
equity reserve. See section 2096 of this title.