Any Federal reserve bank may also buy and sell debentures and other such obligations issued by a Federal intermediate credit bank or by a national agricultural credit corporation, but only to the same extent as and subject to the same limitations as those upon which it may buy and sell bonds issued under title I of the Federal Farm Loan Act.
Title I of the Federal Farm Loan Act, referred to in text, is title I of act July 17, 1916, ch. 245, 39 Stat. 360. Title I was classified to chapter 7 (§ 641 et seq.) of this title, and was repealed by Pub. L. 92–181, title V, § 5.26(a),Dec. 10, 1971, 85 Stat. 624.
Section is comprised of third par. of section
13A, formerly section
13a, as added Mar. 4, 1923. Pars. 1, 2, 4 and 5 of section
13A are set out as sections
352 of this title, respectively.
National Agricultural Credit Corporation
Title II of the Agricultural Credits Act, act Mar. 4, 1923, title II, §§ 201–217,42 Stat. 1461, authorized creation of national agricultural credit corporations, prior to repeal by Pub. L. 86–230, Sept. 18, 1959, § 24,73 Stat. 466. Prior to such repeal, act June 16, 1933, § 77,48 Stat. 292, had prohibited the creation, after June 16, 1933, of national agricultural credit corporations authorized to be formed under the Agricultural Credits Act.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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