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>
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| LegalText | 12 U.S.C. § 2219b | Application of uninsured accounts | us | united_states_code | code_section | 12 | BANKS AND BANKING | 23 | FARM CREDIT SYSTEM | 2219b | 12 U.S.C. § 2219b | 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/s2219b | data/legal/raw/us/code/title-12/usc12.xml | eb84a4fa5af922aefb3c5a3f579ac69e744714a75b531857e19e5b2ab73d4a5a | e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa | e82f8ee714b4349b825ab605277aac78e8bb0810e19e4aa08efdb7f938a959fc | 2026-07-04 | official |
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12 U.S.C. § 2219b - Application of uninsured accounts
Text
(a) In general Money of a borrower held by a Farm Credit System institution in an uninsured voluntary or involuntary account as authorized under regulations issued by the Farm Credit Administration (as in effect immediately before January 6, 1988), including all such other accounts known as “advanced payment accounts” or “future prepayment accounts” shall, in the event the institution is placed in liquidation, be immediately applied as payment against the indebtedness of any outstanding loans of such borrower.
(b) Regulations The Farm Credit Administration shall promulgate regulations—
(1) that define the term “uninsured voluntary or involuntary account”; and
(2) to otherwise effectively carry out this section.
(Pub. L. 92–181, title IV, § 4.37, as added Pub. L. 100–233, title I, § 110, Jan. 6, 1988, 101 Stat. 1585.)
Notes
Editorial Notes
Codification Another section 4.37 of Pub. L. 92–181 was renumbered section 4.38 and is classified to section 2219c of this title.