Section, acts [June 16, 1938, ch. 98], title VI, § 66, [48 Stat. 269]; [Oct. 28, 1949, ch. 782], title XII, § 1201, [63 Stat. 972]; [Oct. 24, 1951, ch. 554, § 3], [65 Stat. 614]; [June 28, 1955, ch. 189, § 5], [69 Stat. 178], limited to $14,620 per annum compensation which could be paid directors, officers, or employees of banks for cooperatives, production credit corporations, and production credit associations.
Effective Date of Repeal
[Act Aug. 11, 1955, ch. 785], title I, § 112, [69 Stat. 662], provided that: “This title [repealing this section and amending [section 1141f of this title]] shall take effect on the first day of the month next following one hundred and twenty days after its enactment [Aug. 11, 1955].”