Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)

Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
verified on Title 42's 8,356 sections); make check green. make
legal-us-code default now covers every title.

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
This commit is contained in:
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2026-07-06 10:51:44 -04:00
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---
type: "LegalText"
title: "12 U.S.C. § 2259"
description: "State legislation"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "23"
chapter_name: "FARM CREDIT SYSTEM"
section: "2259"
citation: "12 U.S.C. § 2259"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
source_identifier: "/us/usc/t12/s2259"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "d504974168cfaa606a256bfd088af110bbf1459813d3d1eb4895c89213865d55"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "3a567d9106dde20b486979790126a61b729b6db117c57e6cb126a128e4562b92"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 12 U.S.C. § 2259 - State legislation
## Text
Whenever it is determined by the Farm Credit Administration, or by judicial decision, that a State law is applicable to the obligations and securities authorized to be held by the institutions of the System under this chapter, which law would provide insufficient protection or inadequate safeguards against loss in the event of default, the Farm Credit Administration may declare such obligations or securities to be ineligible as collateral for the issuance of new notes, bonds, debentures, and other obligations under this chapter.
(Pub. L. 92181, title V, § 5.24, formerly § 5.25, Dec. 10, 1971, 85 Stat. 624; renumbered § 5.24, Pub. L. 99205, title II, § 203(b), Dec. 23, 1985, 99 Stat. 1694.)
## Notes
Editorial Notes
Prior ProvisionsA prior section 5.24 of Pub. L. 92181 was renumbered section 5.23 and is classified to section 2258 of this title.