Title 12 — Banks and BankingRelease 119-73not60
§2094 Federal Land Bank Association Capitalization
Title 12 › Chapter 23— FARM CREDIT SYSTEM › Subchapter II— FARM CREDIT ASSOCIATIONS › Part B— Federal Land Bank Associations › § 2094
Summary
A Federal land bank association must, under Farm Credit Administration (FCA) rules, use its bylaws to set how it raises capital, handles stock, and shares earnings.
Full Legal Text
Title 12, §2094
Banks and Banking — Source: USLM XML via OLRC
In accordance with section 2154a of this title, the Federal land bank association shall provide, through its bylaws and subject to Farm Credit Administration regulations, for its capitalization and the manner in which its stock shall be issued, held, transferred, and retired and its earnings distributed.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
A prior section 2094, Pub. L. 92–181, title II, § 2.13, Dec. 10, 1971, 85 Stat. 599; Pub. L. 96–592, title II, § 209, Dec. 24, 1980, 94 Stat. 3442; Pub. L. 99–205, title II, § 205(e)(12)–(14), title III, § 304(b), Dec. 23, 1985, 99 Stat. 1705, 1708; Pub. L. 100–233, title VIII, § 805(h), Jan. 6, 1988, 101 Stat. 1715, related to stock and participation certificates, prior to the general amendment of this subchapter by Pub. L. 100–233, § 401.
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1622, provided that this section is effective 6 months after Jan. 6, 1988.
Reference
Citations & Metadata
Citation
12 U.S.C. § 2094
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60