United States Code (Last Updated: May 24, 2014) |
Title 12. BANKS AND BANKING |
Chapter 23. FARM CREDIT SYSTEM |
SubChapter II. FARM CREDIT ASSOCIATIONS |
Part B. Federal Land Bank Associations |
§ 2097. Liens on stock
Latest version.
-
Each Federal land bank association shall have a first lien on the stock and participation certificates it issues, except on stock or participation certificates held by other Farm Credit System institutions, for the payment of any liability of the stockholder to the association or to the bank, or to both of them.
(Pub. L. 92–181, title II, § 2.15, formerly § 2.16, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988 , 101 Stat. 1637; renumbered § 2.15, Pub. L. 100–399, title IV, § 401(w), Aug. 17, 1988 , 102 Stat. 999.)
Prior Provisions
A prior section 2097, Pub. L. 92–181, title II, § 2.16,
A prior section 2.15 of Pub. L. 92–181 was renumbered section 2.14 and is classified to section 2096 of this title.