Files
republic-os/legal/us/code/title-12/chapter-23/section-2214.md
T
Fabio 76b8ec33a7 Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)
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>
2026-07-06 10:51:44 -04:00

48 lines
2.6 KiB
Markdown
Raw Blame History

This file contains ambiguous Unicode characters
This file contains Unicode characters that might be confused with other characters. If you think that this is intentional, you can safely ignore this warning. Use the Escape button to reveal them.
---
type: "LegalText"
title: "12 U.S.C. § 2214"
description: "State laws"
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: "2214"
citation: "12 U.S.C. § 2214"
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/s2214"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "e677fa9fd8cfc3e7d30c22498b232de3dc83a3234e71f35cb67bc20b319f7b58"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "588f15281425f7664143a557c680b9aecb858fe0ddf9455081d3e01c01ddf9d5"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 12 U.S.C. § 2214 - State laws
## Text
State and other laws shall apply to corporations organized pursuant to this part to the same extent such laws would apply to the organizing banks engaged in the same activity in the same jurisdiction: Provided, however, That to the extent that sections 2023, 2098, and 2134 of this title may exempt banks or associations of the Farm Credit System from taxation, such exemptions, other than with respect to franchise taxes, shall not extend to corporations organized pursuant to this part.
(Pub. L. 92181, title IV, § 4.28, as added Pub. L. 96592, title IV, § 404, Dec. 24, 1980, 94 Stat. 3448; amended Pub. L. 100399, title IX, § 901(k), Aug. 17, 1988, 102 Stat. 1007; Pub. L. 102237, title V, § 502(g), Dec. 13, 1991, 105 Stat. 1869.)
## Notes
Editorial Notes
Amendments1991—Pub. L. 102237 made technical amendment to reference to section 2098 of this title to reflect change in reference to corresponding section of original act. 1988—Pub. L. 100399 inserted “or associations” and substituted “2023, 2098,” for “2055, 2079,”.
Statutory Notes and Related Subsidiaries
Effective Date of 1991 AmendmentAmendment by Pub. L. 102237 effective as if included in the provision of the Food, Agriculture, Conservation, and Trade Act of 1990, Pub. L. 101624, to which the amendment relates, see section 1101(b)(4) of Pub. L. 102237, set out as a note under section 1421 of Title 7, Agriculture.
Effective Date of 1988 AmendmentAmendment by Pub. L. 100399 effective immediately after amendment made by section 401 of Pub. L. 100233, which was effective 6 months after Jan. 6, 1988, see section 1001(b) of Pub. L. 100399, set out as a note under section 2002 of this title.