12-U.S.C.-2076A

12-U.S.C.-2076A

§2076A – Liens On Stock

Pathway

Title 12 > Chapter 23 > Subchapter II > Part A > Section 2076a

Details

  • Reference: Section 2076a
  • Legend: §2076A – Liens On Stock
  • USCode Year: 2013

Provision Content

Except with regard to stock or participation certificates held by other Farm Credit System institutions, each production credit association shall have a first lien on stock and participation certificates the association issues, on allocated surplus, and on investments in equity reserve, for any indebtedness of the holder of the capital investments and, in the case of equity reserves, for charges for association losses in excess of reserves and surpluses.

(Pub. L. 92–181, title II, §2.6, as added Pub. L. 101–624, title XVIII, §1833(2), Nov. 28, 1990, 104 Stat. 3832.)

Prior Provisions

A prior section 2.6 of Pub. L. 92–181 was renumbered section 2.7 and is classified to section 2077 of this title.

Effective Date

Section effective Jan. 7, 1988, see section 1861(d) of Pub. L. 101–624, set out as an Effective Date of 1990 Amendment note under section 2001 of Title 7, Agriculture.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-2014 in the Legal Encyclopedia: Banking Law

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12-U.S.C.-2021 in the Legal Encyclopedia: Farm Credit System

In this entry about 12-U.S.C.-2021, find legal reference material, bibliographies and premiere content related to farm credit system in the American Encyclopedia of Law, presenting a comprehensive view of the United States farm credit system-specific issues, written by authorities in the field.

12-U.S.C.-2018 in the Legal Encyclopedia: Credit Institutions

In this entry about 12-U.S.C.-2018, find legal reference material, bibliographies and premiere content related to credit institutions in the American Encyclopedia of Law, presenting a comprehensive view of the United States credit institutions-specific issues, written by authorities in the field.

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