Source: https://www.law.cornell.edu/uscode/text/12/2021?quicktabs_8=3
Timestamp: 2015-05-03 10:17:51
Document Index: 401220773

Matched Legal Cases: ['§ 2021', '§ 2021', '§ 2021', '§ 1', '§ 401', '§ 401', 'art 610', 'art 611']

12 U.S. Code § 2021 - Loans through associations or agents | LII / Legal Information Institute
U.S. Code › Title 12 › Chapter 23 › Subchapter I › § 2021 12 U.S. Code § 2021 - Loans through associations or agents
In general The Farm Credit Banks shall, except as otherwise herein provided, make loans of the type authorized under section 2015
(a) of this title through a Federal land bank association chartered to serve the territory in which the real estate of the borrower is located.
No active association If there is no active association chartered to serve territory where the real estate is located, the bank may make the loan directly or through such bank or trust company or savings or other financial institution as such bank may designate.
Purchase of stock required When the loan is not made through a Federal land bank association, the applicant shall purchase stock in the bank in accordance with the capitalization requirements provided for in the bylaws of the bank.
(Pub. L. 92–181, title I, § 1.13, as added Pub. L. 100–233, title IV, § 401,Jan. 6, 1988, 101 Stat. 1628.)
A prior section 1.13 of Pub. L. 92–181was classified to section 2031 of this title prior to the general amendment of this subchapter by Pub. L. 100–233, § 401.
This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.12 CFR - Banks and Banking12 CFR Part 610 - REGISTRATION OF MORTGAGE LOAN ORIGINATORS12 CFR Part 611 - ORGANIZATION