12 CFR 931.2 - Issuance of capital stock.

§ 931.2 Issuance of capital stock.
(a) In general. A Bank may issue either one or both classes of its capital stock (including subclasses), as authorized by § 931.1, and shall not issue any other class of capital stock. A Bank shall issue its stock only to its members and only in book-entry form, and the Bank shall act as its own transfer agent. All capital stock shall be issued in accordance with the Bank's capital plan.
(b) Initial issuance. In connection with the initial issuance of its Class A and/or Class B stock (or any subclass of either), a Bank may issue such stock in exchange for its existing stock, through a conversion of its existing stock, or through any other fair and equitable transaction or method of distribution. As part of its initial stock issuance transaction, a Bank may distribute any portion of its then-existing unrestricted retained earnings as shares of Class B stock.

Title 12 published on 2014-01-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code

Title 12 published on 2014-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR 931 after this date.

  • 2014-10-08; vol. 79 # 195 - Wednesday, October 8, 2014
    1. 79 FR 60783 - Federal Home Loan Bank Capital Stock and Capital Plans
      GPO FDSys XML | Text
      FEDERAL HOUSING FINANCE AGENCY, FEDERAL HOUSING FINANCE BOARD
      Proposed rule.
      Comments must be received on or before December 8, 2014.
      12 CFR Parts 931 and 933