12 U.S.C. § 2011
Establishment, charters, titles, branches
United States · Title 12 — BANKS AND BANKING · Status: effective
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- Citation
- 12 U.S.C. § 2011, Establishment, charters, titles, branches, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438125
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Full text
The banks established pursuant to the merger of each District Federal Intermediate Credit Bank and Federal Land Bank (hereinafter referred to in this subchapter as “Farm Credit Banks”), as provided in section 410 of the Agricultural Credit Act of 1987, shall be Federally chartered instrumentalities of the United States.
The Farm Credit Administration shall, consistent with this chapter, issue charters for, and approve amendments to charters of, the Farm Credit Banks.
Each Farm Credit Bank may include in its title the name of the city in which it is located or other geographical designation.
Each Farm Credit Bank may establish such branches or other offices as may be appropriate for the effective operation of its business.
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 The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.
- Agricultural Credit Act of 1987House: no recorded tallySenate: no recorded tally
- Agricultural Credit Technical Corrections Act of 1988House: no recorded tallySenate: no recorded tally