§ 2147. Patronage pools

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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 January 6, 1988, establish separate patronage pools consisting of loans to eligible borrowers located in each constituent farm credit district (as such district existed on January 6, 1988); and

(2)allocate revenues, expenses, and net savings among such pools on an equitable basis.

(Pub. L. 92–181, title III, § 3.26, as added Pub. L. 100–233, title IV, § 415(2), Jan. 6, 1988, 101 Stat. 1644.)

Connections2 cite this

Cited by 2 sections

statute-compilations

Sec. 3.26
PATRONAGE POOLS

statutes-at-large

Public Law 100–233
To 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

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Pub. L. 92–181, title III, § 3
Pub. L. 100–233, title IV, § 415(2)
101 Stat. 1644

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§ 2147

Patronage pools

Stat. Comp.×1

Stat.×1

Pub. L.Pub. L. 92–181, title III, § 3

Pub. L.Pub. L. 100–233, title IV, § 415(2)

Stat.101 Stat. 1644

Cites 3Cited by 2 across 2 sources