Statutory text
12 U.S.C. § 1138 to 1138c
This section has no published text ([Repealed]).
Official notes (1)
Section 1138, acts June 16, 1933, ch. 98 , title VI, § 60, 48 Stat. 266 ; Aug. 19, 1937, ch. 704, § 5(a) , 50 Stat. 704 ; July 26, 1956, ch. 741 , title I, § 105( l ), 70 Stat. 666 , set out general corporate powers common to banks for cooperatives and production credit associations. See sections 2093 and 2122 of this title. Section 1138a, acts June 16, 1933, ch. 98 , title VI, § 61, 48 Stat. 267 ; July 26, 1956, ch. 741 , title I, § 105(m), 70 Stat. 666 , provided for examination of parts of farm credit system by examiners of Farm Credit Administration. See section 2254 of this title . Section 1138b, acts June 16, 1933, ch. 98 , title VI, § 62, 48 Stat. 267 ; Jan. 31, 1934, ch. 7, § 11 , 48 Stat. 347 ; July 26, 1956, ch. 741 , title I, § 105(n), 70 Stat. 666 ; Oct. 4, 1961 , Pub. L. 87–353, § 3(j) , 75 Stat. 774 , gave designated parts of farm credit system authority to act as fiscal agents of United States. Section 1138c, acts June 16, 1933, ch. 98 , title VI, § 63, 48 Stat. 267 , Aug. 11, 1955, ch. 785 , title II, § 205, 69 Stat. 663 ; July 26, 1956, ch. 741 , title I, § 105( o ), 70 Stat. 666 , provided that obligations of banks for cooperatives and production credit associations be deemed instrumentalities of United States and provided for termination of tax exemption after retirement of government-owned stock. See sections 2098 and 2134 of this title.
