§ 2096. Agreements for sharing gains or losses
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/usc/title-12/section-2096A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each Farm Credit Bank may enter into agreements with Federal land bank associations in its district for sharing the gain or losses on loans or on security held therefor or acquired in liquidation thereof, and associations are authorized to enter into any such agreements and also, subject to bank approval, agreements with other associations in the district for sharing the risk of loss on loans endorsed by each such association. As may be authorized by the bank in accordance with regulations of the Farm Credit Administration, associations also may enter into agreements with other Farm Credit System institutions to share loan and other losses, whether to protect against capital impairment or for any other purpose.
(Pub. L. 92–181, title II, § 2.14, formerly § 2.15, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1636; renumbered § 2.14, Pub. L. 100–399, title IV, § 401(w), Aug. 17, 1988, 102 Stat. 999.)
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statutes-at-large
- Public Law 99–205To amend the Farm Credit Act of 1971, to restructure and reform the Farm Credit System, and for other purposes
- Public Law 96–592To amend the Farm Credit Act of 1971 to permit Farm Credit System institutions to improve their services to borrowers, and for other purposes
- Public Law 100–399To make technical corrections to the agricultural credit laws
- Public Law 100–233To provide credit assistance to farmers, to strengthen the Farm Credit System, to facilitate the establishment of secondary markets for agricultural loans, and for other purposes
U.S. Code
statute-compilations
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- Pub. L. 92–181, title II, § 2
- Pub. L. 100–233, title IV, § 401
- 101 Stat. 1636
- Pub. L. 100–399, title IV, § 401(w)
- 102 Stat. 999
- 85 Stat. 601
- Pub. L. 96–592, title II, § 210
- 94 Stat. 3442
- Pub. L. 99–205, title II, § 205(b)
- 99 Stat. 1703
- Pub. L. 100–233, title IV, § 431(f)
- 101 Stat. 1660
- Pub. L. 100–399, title IV, § 415(b)
- 102 Stat. 1004
- Pub. L. 100–233, § 401
- Pub. L. 92–181
- Pub. L. 100–399, § 401(v)
- 101 Stat. 1622
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§ 2096
Agreements for sharing gains or losses
Stat.×8
Stat. Comp.×1
U.S.C.×1
Pub. L.Pub. L. 92–181, title II, § 2
Pub. L.Pub. L. 100–233, title IV, § 401
Stat.101 Stat. 1636
Pub. L.Pub. L. 100–399, title IV, § 401(w)
Stat.102 Stat. 999
Cites 19 · showing 6Cited by 10 across 3 sources