
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC2145]

 
                       TITLE 12--BANKS AND BANKING
 
                     CHAPTER 23--FARM CREDIT SYSTEM
 
                 SUBCHAPTER III--BANKS FOR COOPERATIVES
 
           Part B--United and National Banks for Cooperatives
 
Sec. 2145. Exchange of ownership interests

    On the establishment of the consolidated bank, ownership interests 
of the stockholders and subscribers to the guaranty funds of the 
constituent district banks for cooperatives (including stock, 
participation certificates, and allocated equities) shall be exchanged 
for like ownership interests in the consolidated bank on a book value 
basis.

(Pub. L. 92-181, title III, Sec. 3.24, as added Pub. L. 100-233, title 
IV, Sec. 415(2), Jan. 6, 1988, 101 Stat. 1644.)
