12 U.S.C. § 2076a

U.S.C. Title 12 - BANKS AND BANKING
12 U.S.C.

United States Code, 2024 Edition

Title 12 - BANKS AND BANKING

CHAPTER 23 - FARM CREDIT SYSTEM

SUBCHAPTER II - FARM CREDIT ASSOCIATIONS

Part A - Production Credit Associations

Sec. 2076a - Liens on stock

From the U.S. Government Publishing Office, www.gpo.gov

§2076a. Liens on stock

Except with regard to stock or participation certificates held by other Farm Credit System institutions, each production credit association shall have a first lien on stock and participation certificates the association issues, on allocated surplus, and on investments in equity reserve, for any indebtedness of the holder of the capital investments and, in the case of equity reserves, for charges for association losses in excess of reserves and surpluses.

(Pub. L. 92–181, title II, §2.6, as added Pub. L. 101–624, title XVIII, §1833(2), Nov. 28, 1990, 104 Stat. 3832.)

Editorial Notes

Prior Provisions
A prior section 2.6 of Pub. L. 92–181 was renumbered section 2.7 and is classified to section 2077 of this title.

Statutory Notes and Related Subsidiaries

Effective Date
Section effective Jan. 7, 1988, see section 1861(d) of Pub. L. 101–624, set out as an Effective Date of 1990 Amendment note under section 2001 of Title 7, Agriculture.

Official source