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12 U.S.C. § 1131j — Repealed. Pub. L. 92–181, title V, § 5.26(a), Dec. 10, 1971, 85 Stat. 624

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1131j — Repealed. Pub. L. 92–181, title V, § 5.26(a), Dec. 10, 1971, 85 Stat. 624

### Statutory Notes Section, acts June 16, 1933, ch. 98, title I, § 6, 48 Stat. 259; Aug. 6, 1953, ch. 335, § 11, 67 Stat. 395; July 26, 1956, ch. 741, title I, § 105(e), 70 Stat. 665; Oct. 17, 1968, Pub. L. 90–582, § 2(a), 82 Stat. 1145, covered purchase of stock of production credit associations and payment, retirement, and cancellation of stock. See [section 2094 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section2094&num=0&edition=prelim).

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Source file: Laws/federal/codes/united-states-code/title-12/section-1131j-repealed-pub-l-92181-title-v-5-26-a-dec-10-1971-85-stat-624--87f52a8ac5.md
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Source location: Title 12, Chapter 7, § 1131j; chapter-007-farm-credit-administration.md

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### Statutory Notes Section, acts June 16, 1933, ch. 98, title I, § 6, 48 Stat. 259; Aug. 6, 1953, ch. 335, § 11, 67 Stat. 395; July 26, 1956, ch. 741, title I, § 105(e), 70 Stat. 665; Oct. 17, 1968, Pub. L. 90–582, § 2(a), 82 Stat. 1145, covered purchase of stock of production credit associations and payment, retirement, and cancellation of stock. See [section 2094 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section2094&num=0&edition=prelim).

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 2094 — Board of directors

Each Federal land bank association shall elect from its voting shareholders a board of directors of such number, for such terms, in such manner, and with such qualifications as may be required by its bylaws except that, at least one member shall be elected by the other directors, which member shall not be a director, officer, employee, stockholder, or agent of a System institution.

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1131j — Transferred

Page 270 TITLE 12—BANKS AND BANKING § 1131g–1 for issuance of class C stock for production credit asso- ciations and conditions, privileges, restrictions, limita- tions, and qualifications placed on such stock. Section 1131f, acts June 16, 1933, ch. 98, title II, § 22, 48 Stat. 261; Aug. 11, 1955, ch. 785, title II, § 202, 69 Stat. 663; July 26, 1956, ch. 741, title I, § 105(h), 70 Stat. 665; Oct. 3, 1961, Pub. L. 87–343, § 2(2), 75 Stat. 758; Oct. 4, 1965, Pub. L. 89–237, § 2(a), 78 Stat. 924, covered application of earnings of production credit associations and restora- tion of capital, impairment, surplus account, distribu- tion of earnings, and allocation on a patronage basis. See section 2095 of this title. Section 1131g, acts June 16, 1933, ch. 98, title II, § 23, 48 Stat. 261; Aug. 11, 1955, ch. 785, title II, § 204, 69 Stat. 663; July 26, 1956, ch. 741, title I, § 105(i), 70 Stat. 665; Oct. 4, 1965, Pub. L. 89–237, § 2(b), 79 Stat. 924; Dec. 15, 1967, Pub. L. 90–204, § 3(a), 81 Stat. 612; June 18, 1968, Pub. L. 90–345, § 2, 82 Stat. 183, authorized loans to farm- ers by production credit associations, terms and condi- tions, rates of interest, security, limitations on indebt- edness, ownership of stock, and investments in equity reserve. See section 2096 of this title. § 1131g–1. Repealed. July 26, 1956, ch. 741, title I, § 105(q), 70 Stat. 666 Section, act June 16, 1933, ch. 98, title VIII, § 86a, as added June 27, 1934, ch. 847, title V, § 504, 48 Stat. 1263, which was formerly designated section 1131gg of this title, authorized production credit associations to make loans to farmers for home alterations, repairs and improvements without purchase of class B stock, and permitted associations to sell, discount, assign, or otherwise dispose

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