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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. § 2146 Capitalization us united_states_code code_section 12 BANKS AND BANKING 23 FARM CREDIT SYSTEM 2146 12 U.S.C. § 2146 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/s2146 data/legal/raw/us/code/title-12/usc12.xml d463ff3db1e8874d069183fb6a14a32534412de42be765e668059db62e5eda76 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 220132de91d162708600539a7a6cad1d4def3a03227b2d4f7586370e92e50617 2026-07-04 official
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12 U.S.C. § 2146 - Capitalization

Text

In accordance with section 2154a of this title, each consolidated 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 III, § 3.25, as added Pub. L. 100233, title IV, § 415(2), Jan. 6, 1988, 101 Stat. 1644; amended Pub. L. 100399, title IV, § 407(f), Aug. 17, 1988, 102 Stat. 1000.)

Notes

Editorial Notes

Amendments1988—Pub. L. 100399 amended section generally. Prior to amendment, section read as follows: “The board of directors of the consolidated bank shall provide for the capitalization of such bank in accordance with the provisions of section 2154a of this title.”

Statutory Notes and Related Subsidiaries

Effective Date of 1988 AmendmentAmendment by Pub. L. 100399 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 a note under section 2002 of this title.