12 U.S.C. § 1421 — Short title

Page 280 TITLE 12—BANKS AND BANKING §§ 1401 to 1404 §§ 1401 to 1404. Repealed. Pub. L. 115–334, title V, § 5411(64), Dec. 20, 2018, 132 Stat. 4686 Section 1401, act Mar. 3, 1932, ch. 70, § 1, 47 Stat. 60; Ex. Ord. No. 6084, Mar. 27, 1933, related to authorization of loans by the Governor of the Farm Credit Adminis- tration. Section 1402, act Mar. 3, 1932, ch. 70, § 2, 47 Stat. 60; Ex. Ord. No. 6084, Mar. 27, 1933, set limitation on loans to individual stockholders and required approval of fi- nancial structure of corporation prior to loan made upon its capital stock. Section 1403, act Mar. 3, 1932, ch. 70, § 3, 47 Stat. 60, re- lated to minimum paid-in capital stock for loan or ad- vance. Section 1404, act Mar. 3, 1932, ch. 70, § 4, 47 Stat. 60, authorized appropriations to be paid into a revolving fund. CHAPTER 11—FEDERAL HOME LOAN BANKS Sec. 1421. Short title. 1422. Definitions. 1422a, 1422b. Repealed. 1423. Federal Home Loan Bank districts; number and boundaries; establishment of Federal Home Loan Banks; names. 1424. Eligibility for membership. 1425 to 1425b. Repealed. 1426. Capital structure of Federal home loan banks. 1426a. Exclusion from certain requirements. 1427. Directors. 1428. Examination of State laws, regulations, and procedures; studies of values, etc. 1428a. Repealed. 1429. Eligibility to secure advances. 1430. Advances to members. 1430a. Omitted. 1430b. Advances to nonmember mortgagee; terms and conditions. 1430c. Housing goals. 1431. Powers and duties of banks. 1432. Incorporation of banks; corporate powers; housing project loans. 1433. Exemption from taxation; obligations accept- able as credit on debt of home owner. 1434. Depositaries of public money; financial agents. 1435. Obligations as lawful investments; liability of United States for debentures, etc., issued by banks. 1436. Reserves and dividends; emergency suspen- sions of requirements. 1437. Repealed. 1438. Omitted. 1438a. Nonadministrative expenses; expenses of studies and investigations. 1439, 1439–1. Repealed. 1439a. Deposits in special fund; availability for all purposes of Federal Home Loan Bank Board and Federal Home Loan Bank Administra- tion. 1440. Examinations and audits. 1440a. Sharing of information among Federal Home Loan Banks. 1441. Financing Corporation. 1441a. Repealed. 1441a–1. Definitions. 1441a–2. Authorization for State housing finance agen- cies and nonprofit entities to purchase mortgage-related assets. 1441a–3. RTC and FDIC properties. 1441b. Resolution Funding Corporation established. 1442. Member financial information. 1442a. Repealed. 1443. Forms of bank stock and obligations. 1444. Eligibility to membership in banks. 1445. Succession of Federal Home Loan Banks. Sec. 1446. Liquidation or reorganization; acquisition of assets by other banks; assumption of liabil- ities. 1447. Repealed. 1448. Effect of partial invalidity of chapter. 1449. Reservation of right to amend or repeal chap- ter. § 1421. Short title This chapter may be cited as the ‘‘Federal Home Loan Bank Act.’’ (July 22, 1932, ch. 522, § 1, 47 Stat. 725.) Statutory Notes and Related Subsidiaries SHORT TITLE OF 1999 AMENDMENT Pub. L. 106–102, title VI, § 601, Nov. 12, 1999, 113 Stat. 1450, provided that: ‘‘This title [amending sections 250, 1422, 1422b, 1424, 1426, 1427, 1429, 1430, 1432, 1436, 1438, 1441b, 1464, and 1467a of this title, repealing sections 1442a and 1447 of this title, and enacting provisions set out as a note under section 1441b of this title] may be cited as the ‘Federal Home Loan Bank System Mod- ernization Act of 1999’.’’ SHORT TITLE OF 1993 AMENDMENT Pub. L. 103–204, § 1(a), Dec. 17, 1993, 107 Stat. 2369, pro- vided that: ‘‘This Act [enacting section 1447 of this title and section 8C of the Inspector General Act of 1978, Pub. L. 95–452, set out in the Appendix to Title 5, Gov- ernment Organization and Employees, amending sec- tions 1441a, 1811, 1813, 1815, 1817, 1818, 1821, 1822, 1824, 1831j, and 1831q of this title, sections 5314 and 5315 of Title 5, and sections 8D to 8G and 11 of the Inspector General Act of 1978, Pub. L. 95–452, set out in the Ap- pendix to Title 5, enacting provisions set out as notes under sections 1441a, 1811, 1817, 1821, 1822, 1827, and 1831q of this title and section 3 of the Inspector General Act of 1978, Pub. L. 95–452, set out in the Appendix to Title 5, and amending provisions set out as notes under sec- tion 396f of Title 16, Conservation, and section 1611 of Title 43, Public Lands] may be cited as the ‘Resolution Trust Corporation Completion Act’.’’ SHORT TITLE OF 1991 AMENDMENTS Pub. L. 102–233, § 1, Dec. 12, 1991, 105 Stat. 1761, pro- vided that: ‘‘This Act [enacting section 2907 of this title, amending sections 1441, 1441a, 1441b, 1786, 1818, 1821, 1821a, 1833b, 1833e, 3345, and 3348 of this title, sec- tions 5313 and 5314 of Title 5, Government Organization and Employees, and section 11 of the Inspector General Act of 1978, Pub. L. 95–452, set out in the Appendix to Title 5, enacting provisions set out as notes under this section and sections 1441, 1441a, and 1831n of this title, and amending provisions set out as notes under sec- tions 1437 and 1441a of this title] may be cited as the ‘Resolution Trust Corporation Refinancing, Restruc- turing, and Improvement Act of 1991’.’’ Pub. L. 102–233, title III, § 301, Dec. 12, 1991, 105 Stat. 1767, provided that: ‘‘This title [amending sections 1441, 1441a, 1441b, 1786, 1818, 1821, 1833b, and 1833e of this title, sections 5313 and 5314 of Title 5, Government Organiza- tion and Employees, and section 11 of the Inspector General Act of 1978, Pub. L. 95–452, set out in the Ap- pendix to Title 5, enacting provisions set out as notes under sections 1441 and 1441a of this title, and amend- ing provisions set out as notes under sections 1437 and 1441a of this title] may be cited as the ‘Resolution Trust Corporation Thrift Depositor Protection Reform Act of 1991’.’’ Pub. L. 102–18, § 1, Mar. 23, 1991, 105 Stat. 58, provided that: ‘‘This Act [amending sections 1441a and 1812 of this title and enacting provisions set out as notes under section 1441a of this title] may be cited as the ‘Resolution Trust Corporation Funding Act of 1991’.’’ § 1422. Definitions As used in this chapter—