---
type: "LegalText"
title: "12 U.S.C. § 1271"
description: "Repealed. Pub. L. 86–230, § 24, Sept. 8, 1959, 73 Stat. 466"
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: "1271"
citation: "12 U.S.C. § 1271"
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/s1271"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "fc14c7daa7fd91ed352ce922e510d73c0d8a3258725210369c900a7362632f5f"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "41d0a1abd82903375b13e8394e6ffd8e2f106341f61a3020a9508aba48cba44a"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 12 U.S.C. § 1271 - Repealed. Pub. L. 86–230, § 24, Sept. 8, 1959, 73 Stat. 466

## Notes

Section, act Mar. 4, 1923, ch. 252, title II, § 212, 42 Stat. 1469, related to deposits in Federal reserve member banks.