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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 23— FARM CREDIT SYSTEM · SUBCHAPTER IV— PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEM · § 2159

§ 2159. Purchase and sale of obligations

190 words·~1 min read·/usc/title-12/section-2159

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Each bank of the System may purchase its own obligations and the obligations of other banks of the System and may provide for the sale of obligations issued by it, consolidated obligations, or Systemwide obligations through a fiscal agent or agents, by negotiation, offer, bid, syndicate sale, and to deliver such obligations by book entry, wire transfer, or such other means as may be appropriate.
(Pub. L. 92–181, title IV, § 4.8, Dec. 10, 1971, 85 Stat. 612; Pub. L. 99–509, title I, § 1034, Oct. 21, 1986, 100 Stat. 1878; Pub. L. 100–233, title II, § 205(a), Jan. 6, 1988, 101 Stat. 1607; Pub. L. 115–334, title V, § 5411(18), Dec. 20, 2018, 132 Stat. 4680.)
Connections14 cite this · traces to 1
9 references not yet in our index
  • Pub. L. 92–181, title IV, § 4
  • 85 Stat. 612
  • Pub. L. 99–509, title I, § 1034
  • 100 Stat. 1878
  • Pub. L. 100–233, title II, § 205(a)
  • 101 Stat. 1607
  • 132 Stat. 4680
  • Pub. L. 100–233
  • Pub. L. 99–509
Citation graph
cites case law
§ 2159
Purchase and sale of obligations
Bills×5
Stat.×4
Stat. Comp.×2
U.S.C.×2
Pub. L.×1
Pub. L.Pub. L. 92–181, title IV, § 4
Stat.85 Stat. 612
Pub. L.Pub. L. 99–509, title I, § 1034
Stat.100 Stat. 1878
Pub. L.Pub. L. 100–233, title II, § 205(a)
Cites 10 · showing 6Cited by 14 across 5 sources
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