12-U.S.C.-2149A

12-U.S.C.-2149A

§2149A – Reports By Merged Banks For Cooperatives

Pathway

Title 12 > Chapter 23 > Subchapter III > Part B > Section 2149a

Details

  • Reference: Section 2149a
  • Legend: §2149A – Reports By Merged Banks For Cooperatives
  • USCode Year: 2013

Provision Content

(a) In general

When two or more banks for cooperatives merge, the resulting bank shall, not later than December 31 of each year of the succeeding 5 years following the date of the merger, file an annual report with the Farm Credit Administration that—

(1) analyzes the effect of the merger;

(2) includes a breakdown of loans outstanding according to the size of the cooperative stockholders of the bank; and

(3) describes the adequacy of credit and other assistance services provided to smaller cooperatives.

(b) Availability

A copy of the report required in subsection (a) of this section shall be made available to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate.

(Pub. L. 92–181, title III, §3.29, formerly title VII, §7.5, as added Pub. L. 100–233, title IV, §416, Jan. 6, 1988, 101 Stat. 1646; renumbered §3.29, Pub. L. 100–399, title IV, §408(e), Aug. 17, 1988, 102 Stat. 1001.)

Codification

Section was classified to section 2279a–5 of this title prior to renumbering by Pub. L. 100–399.

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.

12-U.S.C.-2149 in the Legal Encyclopedia: Credit Institutions

In this entry about 12-U.S.C.-2149, 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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