Public Law 119-73 (01/23/2026)

12 U.S.C. § 1040 to 1045

Repealed.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

act Aug. 19, 1937, ch. 704, § 3950 Stat. 718Section 1040, , , defined “debenture” and “debentures” as used in purchase, sale, or use as security of debentures issued by or for benefit of intermediate credit banks.

act July 17, 1916, ch. 245, title II, § 203(a)Mar. 4, 1923, ch. 25242 Stat. 1456June 3, 1935, ch. 164, § 6(a)49 Stat. 315Aug. 19, 1937, ch. 704, § 2750 Stat. 715July 26, 1956, ch. 74170 Stat. 664Pub. L. 89–237, § 1(b)79 Stat. 922Pub. L. 90–345, § 1(a)82 Stat. 182section 2074 of this titleSection 1041, , as added , title I, § 2, ; amended Ex. Ord. No. 6084, ; , ; , ; , title I, § 104(f), ; . , ; , , , empowered intermediate credit banks to borrow money and issue and sell collateral trust debentures. See .

act July 17, 1916, ch. 245, title II, § 203(b)Mar. 4, 1923, ch. 25242 Stat. 1456Aug. 19, 1937, ch. 704, § 2850 Stat. 715Pub. L. 89–59580 Stat. 821Section 1042, , as added , title I, § 2, ; amended Ex. Ord. No. 6084, ; , ; , , , directed Farm Credit Administration to prescribe rules and regulations governing collateral and handling thereof and to fix interest rates.

act July 17, 1916, ch. 245, title II, § 203(c)Mar. 4, 1923, ch. 25242 Stat. 1456section 1041 of this titleSection 1043, , as added , title I, § 2, ; amended Ex. Ord. No. 6084, , prohibited assumption of liability on debentures or other obligations issued pursuant to former by the United States.

act July 17, 1916, ch. 245, title II, § 203(d)June 3, 1935, ch. 164, § 6(b)49 Stat. 315July 26, 1956, ch. 74170 Stat. 664Section 1044, , as added , ; amended , title I, § 104(f), , authorized intermediate credit banks to issue and sell consolidated debentures or other similar obligations.

act July 17, 1916, ch. 245, title II, § 203(e)June 3, 1935, ch. 164, § 6(b)49 Stat. 316July 26, 1956, ch. 74170 Stat. 664Section 1045, , as added , ; amended , title I, § 104(f), , covered investment of fiduciary and trust funds in debentures and other similar obligations of intermediate credit banks and security for public deposits.