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republic-os/legal/us/code/title-12/chapter-23/section-2279a-2.md
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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

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---
type: "LegalText"
title: "12 U.S.C. § 2279a2"
description: "Powers of merged banks"
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: "2279a2"
citation: "12 U.S.C. § 2279a2"
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/s2279a2"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "82b4710b9e8ea48628299aa5f66406f13da63ac51bd4124dcb4977485b102d6b"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "50aad21dfdcfd851f9490f599dfb38d8a3a20a1250c4d99b23a60f551de1ad52"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 12 U.S.C. § 2279a2 - Powers of merged banks
## Text
(a) In general Except as otherwise provided in this subchapter, a merged bank shall have all of the powers granted to, and shall be subject to all of the obligations imposed on, any of the constituent entities of the merged bank.
(b) Regulations The Farm Credit Administration shall issue regulations that establish the manner in which the powers and obligations of the banks that form the merged bank are consolidated, and to the extent necessary, reconciled in the merged bank.
(Pub. L. 92181, title VII, § 7.2, as added Pub. L. 100233, title IV, § 416, Jan. 6, 1988, 101 Stat. 1645.)