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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. § 2279a3 Capitalization us united_states_code code_section 12 BANKS AND BANKING 23 FARM CREDIT SYSTEM 2279a3 12 U.S.C. § 2279a3 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/s2279a3 data/legal/raw/us/code/title-12/usc12.xml df4e5728d2e4296935057c1fd846f0b070e4aaa83b6cfcb394b5cc87289a736b e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 73447c913ea7d1929307aa54a8e9450415bfdef2ad4f84571bfe64565076a329 2026-07-04 official
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12 U.S.C. § 2279a3 - Capitalization

Text

In accordance with section 2154a of this title, each merged bank shall provide, through bylaws and subject to Farm Credit Administration regulations, for the capitalization of the bank and the manner in which bank stock shall be issued, held, transferred, and retired and bank earnings distributed.

(Pub. L. 92181, title VII, § 7.3, as added Pub. L. 100399, title IV, § 408(d), Aug. 17, 1988, 102 Stat. 1001.)

Notes

Editorial Notes

Prior ProvisionsA prior section 2279a3, Pub. L. 92181, title VII, § 7.3, as added Pub. L. 100233, title IV, § 416, Jan. 6, 1988, 101 Stat. 1645, related to issuance of shares of capital stock, prior to repeal by Pub. L. 100399, title IV, § 408(d), Aug. 17, 1988, 102 Stat. 1001.

Statutory Notes and Related Subsidiaries

Effective DateSection effective as if enacted immediately after enactment of Pub. L. 100233, which was approved Jan. 6, 1988, see section 1001(a) of Pub. L. 100399, set out as an Effective Date of 1988 Amendment note under section 2002 of this title.