---
type: "LegalText"
title: "12 U.S.C. § 1445"
description: "Succession of Federal Home Loan Banks"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "11"
chapter_name: "FEDERAL HOME LOAN BANKS"
section: "1445"
citation: "12 U.S.C. § 1445"
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/s1445"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "6f4b54f689d8ca6ad0693364bc857de61bab62a320296690c625f27ddb91692a"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "d56126dc5b0b22dfeb533d33dbc803bd0234a626e99e438a710a450fec080ede"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 12 U.S.C. § 1445 - Succession of Federal Home Loan Banks

## Text

Each Federal Home Loan Bank shall have succession until dissolved by the Director under this chapter or by further act of Congress.

(July 22, 1932, ch. 522, § 25, 47 Stat. 740; Pub. L. 101–73, title VII, § 701(b)(1), (3)(A), Aug. 9, 1989, 103 Stat. 412; Pub. L. 110–289, div. A, title II, § 1204(8), July 30, 2008, 122 Stat. 2786.)

## Notes

Editorial Notes

Amendments2008—Pub. L. 110–289 substituted “the Director” for “the Board”. 1989—Pub. L. 101–73 substituted “Board” for “board”.