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Code · STATUTE-COMPILATIONS · Farm Credit Act of 1971 · Sec. 7.2

Sec. 7.2. POWERS OF MERGED BANKS

92 words·~1 min read·/statute-compilations/comps-10314/sec-7-2

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## SEC. 7.2 POWERS OF MERGED BANKS **[**[12 U.S.C. 2279a–2](/us/usc/t12/s2279a–2)**]** ###
(a)In General Except as otherwise provided in this title, a merged bank shall have all of the powers granted to, and shall be subject to all of the obligations imposed on, any of the constituent entities of the merged bank. ###
(b)Regulations The Farm Credit Administration shall issue regulations that establish the manner in which the powers and obligations of the banks that form the merged bank are consolidated, and to the extent necessary, reconciled in the merged bank.
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  • 12 USC 2279a–2
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Sec. 7.2
POWERS OF MERGED BANKS
Cite12 USC 2279a–2
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