Title 12 — Banks and BankingRelease 119-73not60
§2296 Increase Not Authorized in Amounts of Obligations Issued, Sold, or Guaranteed by Federal Agencies
Title 12 › Chapter 24— FEDERAL FINANCING BANK › § 2296
Summary
It does not allow any federal agency to raise the amount of bonds, loans, or guarantees they issue, sell, or back when the Bank buys those obligations.
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
Apr 3, 2026
Release point: 119-73not60