Title 12, Banks and BankingRelease 119-102
§2296 Increase Not Authorized in Amounts of Obligations Issued, Sold, or Guaranteed by Federal Agencies
Title 12 › CHAPTER 24 — FEDERAL FINANCING BANK › § 2296
Summary
No federal agency can increase the amount of debt it issues, sells, or guarantees when that debt has been bought by the Bank.
Full Legal Text
Title 12, §2296
Banks and Banking, Source: USLM XML via OLRC
Nothing in this chapter shall be construed as authorizing an increase in the amounts of obligations issued, sold, or guaranteed by any Federal agency which issues, sells, or guarantees obligations purchased by the Bank.
Reference
Citations & Metadata
Citation
12 U.S.C. § 2296
Title 12, Banks and Banking
Last Updated
Aug 21, 2026
Release point: 119-102