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Code · STATUTE-COMPILATIONS · Farm Credit Act of 1971 · Sec. 3.26

Sec. 3.26. PATRONAGE POOLS

91 words·~1 min read·/statute-compilations/comps-10314/sec-3-26

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## SEC. 3.26 PATRONAGE POOLS **[**[12 U.S.C. 2147](/us/usc/t12/s2147)**]** Under such terms and conditions as may be determined by its board of directors, the consolidated bank may— ####
(1)for a period of at least 3 years following the date of the enactment of this section, establish separate patronage pools consisting of loans to eligible borrowers located in each constituent farm credit district (as such district existed on the date of the enactment of this section); and ####
(2)allocate revenues, expenses, and net savings among such pools on an equitable basis.
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Sec. 3.26
PATRONAGE POOLS
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