12 U.S.C. § 2279g
Transactions to accomplish mergers exempt from certain State taxes
United States · Title 12 — BANKS AND BANKING · Status: effective
Cite this
- Citation
- 12 U.S.C. § 2279g, Transactions to accomplish mergers exempt from certain State taxes, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438331
- Permanent ID
ys:prov:438331@1- SHA-256
d76d0a3ee30ad3a590d053c8535686c56f3898a75954b7f72a791301d0e7d33a
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
No State or political subdivision thereof may treat the merger or consolidation of two or more institutions of the Farm Credit System under this subchapter or title IV of the Agricultural Credit Act of 1987 as resulting in a change of ownership of any property owned by any of such merging or consolidating institutions, for purposes of any law of such State or political subdivision providing for reassessment of property on the occurrence of a change of ownership or imposing a tax on the ownership or transfer of property.
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 The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.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 Technical Corrections Act of 1988House: no recorded tallySenate: no recorded tally