12 USC 741 to 747: Repealed. Pub. L. 92-181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624

12 USC 741 to 747: Repealed. Pub. L. 92-181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624

12 USC 741 to 747: Repealed.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; Special Provisions

§§741 to 747. Repealed. Pub. L. 92–181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624

Section 741, acts July 17, 1916, ch. 245, title I, §9, 39 Stat. 368 ; Ex. Ord. No. 6084, Mar. 27, 1933; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , covered members' rights to loans. See section 2201 of this title.

Section 742, acts July 17, 1916, ch. 245, title I, §9, 39 Stat. 368 ; Aug. 18, 1959, Pub. L. 86–168, title I, §102(a), 73 Stat. 384 , covered payments for stock from proceeds of member's mortgage loan. See section 2033 of this title.

Section 743, acts July 17, 1916, ch. 245, title I, §9, 39 Stat. 368 ; Ex. Ord. No. 6084, Mar. 27, 1933; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , authorized retention of commissions on interest payments. See section 2033 of this title.

Section 744, acts July 17, 1916, ch. 245, title I, §9, 39 Stat. 368 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , provided for individual liability of shareholders.

Section 744a, acts June 16, 1933, ch. 98, title VII, §72, 48 Stat. 271 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , relieved shareholders of land bank associations of personal liability for contracts, debts, and engagements entered into after June 16, 1933.

Section 745, acts July 17, 1916, ch. 245, title I, §9, 39 Stat. 368 ; June 3, 1935, ch. 164, 20, 49 Stat. 319 ; Aug. 19, 1937, ch. 704, §24, 50 Stat. 710 ; June 30, 1945, ch. 204, §1(b), 59 Stat. 266 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), (i), 73 Stat. 387 , provided for new members for land bank associations. See section 2033 of this title.

Section 746, act July 17, 1916, ch. 245, title I, §9 (par.) as added Aug. 19, 1937, ch. 704, §25(a), 50 Stat. 710 ; amended Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , provided for a common board of directors for two or more associations. See section 2032 of this title.

Section 747, act July 17, 1916, ch. 245, title I, §9 (par.), as added Aug. 19, 1937, ch. 704, §25(a), 50 Stat. 711 ; amended Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , provided for transfer of powers to a loan committee. See section 2033 of this title.