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12 U.S.C. § 1447 — Repealed. Pub. L. 106–102, title VI, § 606(c), Nov. 12, 1999, 113 Stat. 1454
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, act July 22, 1932, ch. 522, § 27, as added Pub. L. 103–204, § 18, Dec. 17, 1993, 107 Stat. 2401, related to Housing Opportunity Hotline program.
A prior section 1447, act July 22, 1932, ch. 522, § 27, 47 Stat. 740, related to institutions authorized to subscribe for stock of banks, prior to repeal by Pub. L. 101–73, title VII, § 704(c), Aug. 9, 1989, 103 Stat. 416.
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Source file: Laws/federal/codes/united-states-code/title-12/section-1447-repealed-pub-l-106102-title-vi-606-c-nov-12-1999-113-stat-1454--77b5b2a9a6.md
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Source location: Title 12, Chapter 11, § 1447; chapter-011-federal-home-loan-banks.md
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### Statutory Notes
Section, act July 22, 1932, ch. 522, § 27, as added Pub. L. 103–204, § 18, Dec. 17, 1993, 107 Stat. 2401, related to Housing Opportunity Hotline program.
A prior section 1447, act July 22, 1932, ch. 522, § 27, 47 Stat. 740, related to institutions authorized to subscribe for stock of banks, prior to repeal by Pub. L. 101–73, title VII, § 704(c), Aug. 9, 1989, 103 Stat. 416.
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Federal law — U.S. Code and appendices · legal_authorities
This chapter may be cited as the “Federal Home Loan Bank Act.”
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1421
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Federal law — U.S. Code and appendices · legal_authorities
Page 337
TITLE 12—BANKS AND BANKING
§ 1451
(b) Voluntary mergers authorized
(1) In general
Any Federal Home Loan Bank may, with the
approval of the Director and of the boards of
directors of the Banks involved, merge with
another Bank.
(2) Regulations required
The Director shall promulgate regulations
establishing the conditions and procedures for
the consideration and approval of any vol-
untary merger described in paragraph (1), in-
cluding the procedures for Bank member ap-
proval.
(July 22, 1932, ch. 522, § 26, 47 Stat. 740; Pub. L.
101–73, title VII, § 701(b)(1), (3)(A), Aug. 9, 1989,
103 Stat. 412; Pub. L. 110–289, div. A, title II,
§§ 1204(8), 1209, 1214, July 30, 2008, 122 Stat. 2786,
2789, 2791.)
Editorial Notes
AMENDMENTS
2008—Pub. L. 110–289, § 1209, designated existing provi-
sions as subsec. (a), inserted heading, and added subsec.
(b).
Pub. L. 110–289, § 1204(8), substituted ‘‘the Director’’
for ‘‘the Board’’ wherever appearing.
Subsec. (a). Pub. L. 110–289, § 1214, which directed in-
sertion of ‘‘At least 30 days prior to liquidating or reor-
ganizing any Bank under this section, the Director
shall notify the Bank of its determination and the facts
and circumstances upon which such determination is
based. The Bank may contest that determination in a
hearing before the Director, in which all issues shall be
determined on the record pursuant to section 554 of
title 5.’’ at the end of this section, was executed by
making the insertion at the end of subsec. (a), to re-
flect the probable intent of Congress and the amend-
ment by Pub. L. 110–289, § 1209. See above.
1989—Pub. L. 101–73 substituted ‘‘Board’’ for ‘‘board’’
wherever appearing.
§ 1447. Repealed. Pub. L. 106–102, title VI,
§ 606(c), Nov. 12, 1999, 113 Stat. 1454
Sectio
Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 1447
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.