Any Federal reserve bank may also buy and sell debentures and other such obligations issued by a Federal intermediate credit bank or by a national agricultural credit corporation, but only to the same extent as and subject to the same limitations as those upon which it may buy and sell bonds issued under title I of the Federal Farm Loan Act.
Dec. 23, 1913, ch. 6, § 13AMar. 4, 1923, ch. 25242 Stat. 1480Pub. L. 102–242, title I, § 142(e)(1)105 Stat. 2281( (par.), formerly § 13a, as added , title IV, § 404, ; renumbered § 13A, , , .)
Editorial Notes
References in Text
act July 17, 1916, ch. 24539 Stat. 360Pub. L. 92–181, title V, § 585 Stat. 624Title I of the Federal Farm Loan Act, referred to in text, is title I of , . Title I was classified to chapter 7 (§ 641 et seq.) of this title, and was repealed by .26(a), , .
Codification
Section is comprised of third par. of section 13A, formerly section 13a, as added . Pars. 1, 2, 4 and 5 of section 13A are set out as sections 348, 349, 351 and 352 of this title, respectively.
Statutory Notes and Related Subsidiaries
National Agricultural Credit Corporation
42 Stat. 1461Pub. L. 86–23073 Stat. 46648 Stat. 292Title II of the Agricultural Credits Act, act , title II, §§ 201–217, , authorized creation of national agricultural credit corporations, prior to repeal by , , § 24, . Prior to such repeal, act , § 77, , had prohibited the creation, after , of national agricultural credit corporations authorized to be formed under the Agricultural Credits Act.