
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC2277a-3]

 
                       TITLE 12--BANKS AND BANKING
 
                     CHAPTER 23--FARM CREDIT SYSTEM
 
          SUBCHAPTER V--FARM CREDIT ADMINISTRATION ORGANIZATION
 
            Part E--Farm Credit System Insurance Corporation
 
Sec. 2277a-3. Commencement of insurance

    Effective beginning on January 1, 1989, or 12 months after January 
6, 1988, whichever is later, each System bank shall be an insured System 
bank and shall be subject to this part. Each System bank that is 
authorized to commence or resume operations under a subchapter of this 
chapter shall be an insured System bank from the time of such 
authorization. A bank resulting from the merger or consolidation of 
insured System banks shall be an insured System bank.

(Pub. L. 92-181, title V, Sec. 5.54, as added Pub. L. 100-233, title 
III, Sec. 302, Jan. 6, 1988, 101 Stat. 1611.)
