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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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| type | title | description | jurisdiction | corpus | kind | title_number | title_name | chapter_number | chapter_name | section | citation | status | release_point | release_date | source | source_url | source_identifier | source_file | source_hash | raw_snapshot_hash | text_hash | retrieved_at | confidence | tags | ||
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| LegalText | 12 U.S.C. § 1444 | Eligibility to membership in banks | us | united_states_code | code_section | 12 | BANKS AND BANKING | 11 | FEDERAL HOME LOAN BANKS | 1444 | 12 U.S.C. § 1444 | 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/s1444 | data/legal/raw/us/code/title-12/usc12.xml | b460dda7fa3bc2de2d38eb32a33e1bba716211763158114b5cc15073161cb33c | e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa | c19ea9851da3d2465aa792e2948f1ca00e9af18cccb4eb65c33d31037c65f2a7 | 2026-07-04 | official |
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12 U.S.C. § 1444 - Eligibility to membership in banks
Text
(a) Any organization organized under the laws of any State and subject to inspection and regulation under the banking or similar laws of such State shall be eligible to become a member under this chapter if—
(1) it is organized solely for the purpose of supplying credit to its members;
(2) its membership (A) is confined exclusively to building and loan associations, savings and loan associations, cooperative banks, and homestead associations; or (B) is confined exclusively to savings banks; and
(3) of the institutions to which its membership is confined which are organized within the State, its membership includes a majority of such institutions.
(b) In all respects, but subject to such additional rules and regulations as the Director may provide, any such organization shall be a member for the purposes of this chapter.
(July 22, 1932, ch. 522, § 24, 47 Stat. 739; 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—Subsec. (b). Pub. L. 110–289 substituted “the Director” for “the Board”. 1989—Subsec. (b). Pub. L. 101–73 substituted “Board” for “board”.