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12 U.S.C. § 2013

General corporate powers

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

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12 U.S.C. § 2013, General corporate powers, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438127
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Full text

Each Farm Credit Bank shall be a body corporate and, subject to regulation by the Farm Credit Administration, shall have power to— prescribe, by its board of directors, its bylaws that shall be consistent with law, and that shall provide for— the manner in which it is to— participate with— deposit the securities and current funds of the bank with any member bank of the Federal Reserve System or any insured State nonmember bank (within the meaning of section 1813 of this title) and pay fees and receive interest on such as may be agreed, and when designated for that purpose by the Secretary of the Treasury, such bank—

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 The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.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. 100-233(H.R. 3030)1988-01-06
    Agricultural Credit Act of 1987
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-399(H.R. 3980)1988-08-17
    Agricultural Credit Technical Corrections Act of 1988
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 104-105(H.R. 2029)1996-02-10
    Farm Credit System Reform Act of 1996
    House: no recorded tallySenate: no recorded tally