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republic-os/legal/us/code/title-12/chapter-23/section-2147.md
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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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---
type: "LegalText"
title: "12 U.S.C. § 2147"
description: "Patronage pools"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "23"
chapter_name: "FARM CREDIT SYSTEM"
section: "2147"
citation: "12 U.S.C. § 2147"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
source_identifier: "/us/usc/t12/s2147"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "9f2d49822a739344ad0ea90d21b657f282bcc4e0031aa9bb81acab88975f39c2"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "b2950f38de45dcfe824f7b64497bc43066342559467782f56c36b9a14aa32cc4"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 12 U.S.C. § 2147 - Patronage pools
## Text
Under such terms and conditions as may be determined by its board of directors, the consolidated bank may—
(1) for a period of at least 3 years following January 6, 1988, establish separate patronage pools consisting of loans to eligible borrowers located in each constituent farm credit district (as such district existed on January 6, 1988); and
(2) allocate revenues, expenses, and net savings among such pools on an equitable basis.
(Pub. L. 92181, title III, § 3.26, as added Pub. L. 100233, title IV, § 415(2), Jan. 6, 1988, 101 Stat. 1644.)