§ 911 to 915. — Repealed.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: 12USC911]
TITLE 12--BANKS AND BANKING
CHAPTER 7--FARM CREDIT ADMINISTRATION
SUBCHAPTER I--FEDERAL LAND BANKS, JOINT-STOCK LAND BANKS, AND FEDERAL
LAND BANK ASSOCIATIONS
Reserve and Dividends of Federal Land Bank Associations
Secs. 911 to 915. Repealed. Pub. L. 92-181, title V,
Sec. 5.26(a), Dec. 10, 1971, 85 Stat. 624
Section 911, acts July 17, 1916, ch. 245, title I, Sec. 24, 39 Stat.
379; Jan. 23, 1932, ch. 9, Sec. 4, 47 Stat. 13; Aug. 11, 1955, ch. 785,
title III, Sec. 306(b), 69 Stat. 665; Aug. 18, 1959, Pub. L. 86-168,
title I, Sec. 104(d), (h), 73 Stat. 386, 387, provided for amount to be
carried in reserve account by land bank associations. See section 2052
of this title.
Section 912, acts July 17, 1916, ch. 245, title I, Sec. 24, 39 Stat.
379; Jan. 23, 1932, ch. 9, Sec. 4, 47 Stat. 13, covered making good of
any impairment of reserve before payment of any dividends.
Section 913, acts July 17, 1916, ch. 245, title I, Sec. 24, 39 Stat.
379; Jan. 23, 1932, ch. 9, Sec. 4, 47 Stat. 13; June 3, 1935, ch. 164,
Sec. 4, 49 Stat. 315, provided for payment of dividends by land bank
associations on balance of net earnings. See section 2052 of this title.
Section 914, act July 17, 1916, ch. 245, title I, Sec. 24, 39 Stat.
379; Ex. Ord. No. 6084, Mar. 27, 1933, covered investment of reserves of
land bank associations.
Section 915, act July 17, 1916, ch. 245, title I, Sec. 24, 39 Stat.
379, provided for disposition of reserves on liquidation of land bank
associations.
