
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: 12USC2279a-3]

 
                       TITLE 12--BANKS AND BANKING
 
                     CHAPTER 23--FARM CREDIT SYSTEM
 
          SUBCHAPTER VII--RESTRUCTURING OF SYSTEM INSTITUTIONS
 
                Part A--Merger of Banks Within a District
 
Sec. 2279a-3. Capitalization

    In accordance with section 2154a of this title, each merged bank 
shall provide, through bylaws and subject to Farm Credit Administration 
regulations, for the capitalization of the bank and the manner in which 
bank stock shall be issued, held, transferred, and retired and bank 
earnings distributed.

(Pub. L. 92-181, title VII, Sec. 7.3, as added Pub. L. 100-399, title 
IV, Sec. 408(d), Aug. 17, 1988, 102 Stat. 1001.)


                            Prior Provisions

    A prior section 2279a-3, Pub. L. 92-181, title VII, Sec. 7.3, as 
added Pub. L. 100-233, title IV, Sec. 416, Jan. 6, 1988, 101 Stat. 1645, 
related to issuance of shares of capital stock, prior to repeal by Pub. 
L. 100-399, title IV, Sec. 408(d), Aug. 17, 1988, 102 Stat. 1001.


                             Effective Date

    Section effective as if enacted immediately after enactment of Pub. 
L. 100-233, which was approved Jan. 6, 1988, see section 1001(a) of Pub. 
L. 100-399, set out as an Effective Date of 1988 Amendment note under 
section 2002 of this title.

                  Section Referred to in Other Sections

    This section is referred to in section 2279f of this title.
