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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1429 Eligibility to secure advances us united_states_code code_section 12 BANKS AND BANKING 11 FEDERAL HOME LOAN BANKS 1429 12 U.S.C. § 1429 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s1429 data/legal/raw/us/code/title-12/usc12.xml bd8c01621f8de2a5a9f1a5085465298a64e523823358b4da73c7a1993269ae96 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 34a2990fc8848931b22f3806a710de5f920e3927fce6ec8cc022f8cd5a7c9dbb 2026-07-04 official
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12 U.S.C. § 1429 - Eligibility to secure advances

Text

Any member of a Federal Home Loan Bank shall be entitled to apply in writing for advances. Such application shall be in such form as shall be required by the Federal Home Loan Bank. Such Federal Home Loan Bank may at its discretion deny any such application, or may grant it on such conditions as the Federal Home Loan Bank may prescribe.

(July 22, 1932, ch. 522, § 9, 47 Stat. 731; Pub. L. 10173, title VII, §§ 701(b)(1), (3)(A), 710(a), Aug. 9, 1989, 103 Stat. 412, 418; Pub. L. 106102, title VI, § 606(f)(1), Nov. 12, 1999, 113 Stat. 1455.)

Notes

Editorial Notes

Amendments1999—Pub. L. 106102 struck out “with the approval of the Board” after “Federal Home Loan Bank” in second sentence and struck out “, subject to the approval of the Board,” after “deny any such application, or” in third sentence. 1989—Pub. L. 10173, § 710(a), struck out “or nonmember borrower” after “Any member”. Pub. L. 10173, § 701(b)(1), (3)(A), substituted “Board” for “board” wherever appearing.