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12 U.S.C. § 1429

Eligibility to secure advances

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 1429, Eligibility to secure advances, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437565
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Any member of a Federal Home Loan Bank shall be entitled to apply in writing for advances. Such application shall be in such form as shall be required by the Federal Home Loan Bank. Such Federal Home Loan Bank may at its discretion deny any such application, or may grant it on such conditions as the Federal Home Loan Bank may prescribe.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.

  • Amended byPub. L. 101-73(H.R. 1278)1989-08-09
    Financial Institutions Reform, Recovery, and Enforcement Act of 1989
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 106-102(S. 900)1999-11-12
    Gramm-Leach-Bliley Act
    House: 362–57Senate: 90–8