Title 12 — Banks and BankingRelease 119-73

§2125 Dividends

Title 12 › Chapter CHAPTER 23— - FARM CREDIT SYSTEM › Subchapter SUBCHAPTER III— - BANKS FOR COOPERATIVES › Part Part A— - Banks for Cooperatives › § 2125

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 12, §2125

Banks and Banking — Source: USLM XML via OLRC

Dividends may be payable only on nonvoting investment stock, if declared by the board of directors of the bank, subject to the general direction of the Farm Credit Administration.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1988—Pub. L. 100–233 struck out “other than stock held by the Farm Credit Administration,” after “investment stock,”. 1985—Pub. L. 99–205 struck out “the Governor of” before “the Farm Credit Administration” and inserted “, subject to the general direction of the Farm Credit Administration”.

Statutory Notes and Related Subsidiaries

Effective Date

of 1985 AmendmentAmendment by Pub. L. 99–205 effective thirty days after Dec. 23, 1985, see section 401 of Pub. L. 99–205, set out as a note under section 2001 of this title.

Reference

Citations & Metadata

Citation

12 U.S.C. § 2125

Title 12 — Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73