12 U.S. Code § 2278b–10 - Exemption from taxation

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(a) Assets
The Financial Assistance Corporation, and the capital, reserves, and surplus thereof, and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes on real estate held by the Financial Assistance Corporation to the same extent, according to its value, as other similar property held by other persons is taxed.
(b) Obligations
The notes, bonds, debentures, and other obligations issued by the Financial Assistance Corporation shall be accorded the same tax treatment as System-wide obligations.

Source

(Pub. L. 92–181, title VI, § 6.30, as added Pub. L. 100–233, title II, § 201,Jan. 6, 1988, 101 Stat. 1604.)

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12 CFR - Banks and Banking

12 CFR Part 612 - STANDARDS OF CONDUCT AND REFERRAL OF KNOWN OR SUSPECTED CRIMINAL VIOLATIONS

12 CFR Part 615 - FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS

 

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