12-U.S.C.-2147

§2147 – Patronage Pools

Pathway

Title 12 > Chapter 23 > Subchapter III > Part B > Section 2147

Details

• Reference: Section 2147
• Legend: §2147 – Patronage Pools
• USCode Year: 2013

Provision Content

Under such terms and conditions as may be determined by its board of directors, the consolidated bank may—

(1) for a period of at least 3 years following January 6, 1988, establish separate patronage pools consisting of loans to eligible borrowers located in each constituent farm credit district (as such district existed on January 6, 1988); and

(2) allocate revenues, expenses, and net savings among such pools on an equitable basis.

(Pub. L. 92–181, title III, §3.26, as added Pub. L. 100–233, title IV, §415(2), Jan. 6, 1988, 101 Stat. 1644.)

U.S. Encyclopedia of Law Coverage

12-U.S.C.-2145 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-2145, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-2122 in the Legal Encyclopedia: Farm Credit System

In this entry about 12-U.S.C.-2122, 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.

Subchapter III – Banks For Cooperatives in the Legal Encyclopedia: Credit Institutions

In this entry about Subchapter III – Banks For Cooperatives, 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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