§ 1138 to 1138c. — Repealed.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: 12USC1138]
TITLE 12--BANKS AND BANKING
CHAPTER 7--FARM CREDIT ADMINISTRATION
SUBCHAPTER VI--PROVISIONS COMMON TO PRODUCTION CREDIT ASSOCIATIONS, AND
REGIONAL AND CENTRAL BANKS FOR COOPERATIVES
Secs. 1138 to 1138c. Repealed. Pub. L. 92-181, title V,
Sec. 5.26(a), Dec. 10, 1971, 85 Stat. 624
Section 1138, acts June 16, 1933, ch. 98, title VI, Sec. 60, 48
Stat. 266; Aug. 19, 1937, ch. 704, Sec. 5(a), 50 Stat. 704; July 26,
1956, ch. 741, title I, Sec. 105(l), 70 Stat. 666, set out general
corporate powers common to banks for cooperatives and production credit
associations. See sections 2093 and 2122 of this title.
Section 1138a, acts June 16, 1933, ch. 98, title VI, Sec. 61, 48
Stat. 267; July 26, 1956, ch. 741, title I, Sec. 105(m), 70 Stat. 666,
provided for examination of parts of farm credit system by examiners of
Farm Credit Administration. See section 2254 of this title.
Section 1138b, acts June 16, 1933, ch. 98, title VI, Sec. 62, 48
Stat. 267; Jan. 31, 1934, ch. 7, Sec. 11, 48 Stat. 347; July 26, 1956,
ch. 741, title I, Sec. 105(n), 70 Stat. 666; Oct. 4, 1961, Pub. L. 87-
353, Sec. 3(j), 75 Stat. 774, gave designated parts of farm credit
system authority to act as fiscal agents of United States.
Section 1138c, acts June 16, 1933, ch. 98, title VI, Sec. 63, 48
Stat. 267, Aug. 11, 1955, ch. 785, title II, Sec. 205, 69 Stat. 663;
July 26, 1956, ch. 741, title I, Sec. 105(o), 70 Stat. 666, provided
that obligations of banks for cooperatives and production credit
associations be deemed instrumentalities of United States and provided
for termination of tax exemption after retirement of government-owned
stock. See sections 2098 and 2134 of this title.