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12 U.S.C. § 2214

State laws

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

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Citation
12 U.S.C. § 2214, State laws, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438226
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Full text

State and other laws shall apply to corporations organized pursuant to this part to the same extent such laws would apply to the organizing banks engaged in the same activity in the same jurisdiction: Provided, however, That to the extent that sections 2023, 2098, and 2134 of this title may exempt banks or associations of the Farm Credit System from taxation, such exemptions, other than with respect to franchise taxes, shall not extend to corporations organized pursuant to this part.

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 The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.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. 96-592(S. 1465)1980-12-24
    Farm Credit Act Amendments of 1980
    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. 102-237(H.R. 3029)1991-12-13
    Food, Agriculture, Conservation, and Trade Act Amendments of 1991
    House: 417–5Senate: no recorded tally