---
type: "LegalText"
title: "12 U.S.C. § 1245"
description: "Repealed. June 25, 1948, ch. 645, § 21, 62 Stat. 862, eff. Sept. 1, 1948"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "9"
chapter_name: "NATIONAL AGRICULTURAL CREDIT CORPORATIONS"
section: "1245"
citation: "12 U.S.C. § 1245"
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/s1245"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "3ba14eca8b737c7d8da65ca0c3e4dc163ed660e38d37cd144041e6756f626c01"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "25bdf062d1560675dfcb8faa73454428651c1106f086e75c5a1cf1a1ba34625d"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 12 U.S.C. § 1245 - Repealed. June 25, 1948, ch. 645, § 21, 62 Stat. 862, eff. Sept. 1, 1948

## Notes

Section, act Mar. 4, 1923, ch. 252, title II, § 209(e), 42 Stat. 1468, related to loans and gratuities to examiners.