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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. § 2145 Exchange of ownership interests us united_states_code code_section 12 BANKS AND BANKING 23 FARM CREDIT SYSTEM 2145 12 U.S.C. § 2145 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/s2145 data/legal/raw/us/code/title-12/usc12.xml ac43692bd5a7d42ea82de37466a7b8c646e2d1c973e660faa15a34c43bd9388f e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 780e4a7cfe26ea93acd5e2f72a36318f41884a693c3e6d7ec2755adb7041e11a 2026-07-04 official
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12 U.S.C. § 2145 - Exchange of ownership interests

Text

On the establishment of the consolidated bank, ownership interests of the stockholders and subscribers to the guaranty funds of the constituent district banks for cooperatives (including stock, participation certificates, and allocated equities) shall be exchanged for like ownership interests in the consolidated bank on a book value basis.

(Pub. L. 92181, title III, § 3.24, as added Pub. L. 100233, title IV, § 415(2), Jan. 6, 1988, 101 Stat. 1644.)