12 USC 711 to 724: Repealed. Pub. L. 92-181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624
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12 USC 711 to 724: Repealed. Pub. L. 92-181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624 Text contains those laws in effect on November 21, 2024
From Title 12-BANKS AND BANKINGCHAPTER 7-FARM CREDIT ADMINISTRATIONSUBCHAPTER I-FEDERAL LAND BANKS, JOINT-STOCK LAND BANKS, AND FEDERAL LAND BANK ASSOCIATIONSFederal Land Bank Associations Generally

§§711 to 724. Repealed. Pub. L. 92–181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624

Section 711, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , provided for organization of land bank associations. See section 2031 of this title.

Section 712, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Aug. 19, 1937, ch. 704, §21, 59 Stat. 266 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), (i), 73 Stat. 387 , provided for directors, officers, and loan committee of land bank associations. See section 2031 et seq. of this title.

Section 713, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Ex. Ord. No. 6084, Mar. 27, 1933; Aug. 18, 1959, Pub. L. 86–168, title I, §104(i), 73 Stat. 387 , provided for compensation and qualifications of directors. See section 2032 of this title.

Section 714, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Mar. 4, 1923, ch. 252, title III, §305, 42 Stat. 1476 ; Ex. Ord. No. 6084, Mar. 27, 1933; Aug. 11, 1955, ch. 785, title III, §301(b), 69 Stat. 664 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), (i), 73 Stat. 387 , set out duties of manager of each land bank association. See section 2031 of this title.

Section 715, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), (i), 73 Stat. 387 , provided for expenses of personnel of land bank associations. See section 2033 of this title.

Section 716, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; June 3, 1935, ch. 164, §19(a), (b), 49 Stat. 319 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), (i), 73 Stat. 387 , provided for incorporators, organization, directors, and managers of land bank associations. See section 2031 et seq. of this title.

Section 717, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(i), 73 Stat. 387 , covered report and affidavit accompanying articles of association. See section 2031 of this title.

Section 718, act July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Ex. Ord. No. 6084, Mar. 27, 1933, provided for investigation of solvency of applicants for incorporation. See section 2254 of this title.

Section 719, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Ex. Ord. No. 6084, Mar. 27, 1933; Aug. 19, 1937, ch. 704, §8, 50 Stat. 707 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , covered grant or refusal of charters to land bank associations. See section 2031 et seq. of this title.

Section 720, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , authorized receipt of funds to be loaned to members. See section 2033 of this title.

Section 721, acts July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 ; Ex. Ord. No. 6084, Mar. 27, 1933; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , covered subscriptions to land bank stock as collateral and retirement of stock. See section 2034 of this title.

Section 722, act July 17, 1916, ch. 245, title I, §7, 39 Stat. 365 , placed a limitation on reduction of capital stock of land banks. See section 2034 of this title.

Section 723, acts July 17, 1916, ch. 245, title I, §7 (pt.), as added Mar. 4, 1933, ch. 270, §1, 47 Stat. 1547 ; amended May 12, 1933, ch. 25, title II, §26, 48 Stat. 44 ; June 16, 1933, ch. 98, title VIII, §80(a), 48 Stat. 273 ; Jan. 31, 1934, ch. 7, §6, 48 Stat. 346 ; Aug. 19, 1937, ch. 704, §§5(a), 22, 50 Stat. 704 , 710; Oct. 29, 1949, ch. 786, §1(b), 63 Stat. 986 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), (i), 73 Stat. 387 ; Oct. 4, 1961, Pub. L. 87–353, §3(a), (e), 75 Stat. 773 , 774, authorized direct loans. See section 2020 of this title.

Section 724, acts Aug. 19, 1937, ch. 704, §25(b), 50 Stat. 711 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , provided for loans when an association's stock is impaired. See section 2020 of this title.