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12 U.S.C. § 1148a — Repealed. Pub. L. 92–181, title V, § 5.26(a),
Federal law — U.S. Code and appendices · legal_authorities
Page 274
TITLE 12—BANKS AND BANKING
§ 1148
of turpentine and gum rosin, as defined in sec-
tion 92 of title 7.
(June 15, 1929, ch. 24, § 15, 46 Stat. 18; Mar. 4, 1931,
ch. 520, § 3, 46 Stat. 1550; Ex. Ord. No. 6084, Mar.
27, 1933; June 16, 1933, ch. 98, title V, § 55, 48 Stat.
266; June 3, 1935, ch. 164, § 12, 49 Stat. 317; Pub. L.
110–234, title I, § 1610, May 22, 2008, 122 Stat. 1018;
Pub. L. 110–246, § 4(a), title I, § 1610, June 18, 2008,
122 Stat. 1664, 1746.)
Editorial Notes
CODIFICATION
Pub. L. 110–234 and Pub. L. 110–246 made identical
amendments to this section. The amendments by Pub.
L. 110–234 were repealed by section 4(a) of Pub. L.
110–246.
Section was formerly classified to section 535 of Title
7, Agriculture.
AMENDMENTS
2008—Subsecs. (d) to (g). Pub. L. 110–246, § 1610, redes-
ignated subsecs. (e) to (g) as (d) to (f), respectively, and
struck out former subsec. (d) which read as follows:
‘‘The inclusion in any governmental report, bulletin, or
other such publication hereafter issued or published of
any prediction with respect to cotton prices is prohib-
ited. Any officer or employee of the United States who
authorizes or is responsible for the inclusion in any
such report, bulletin, or other publication of any such
prediction, or who knowingly causes the issuance or
publication of any such report, bulletin, or other publi-
cation containing any such prediction, shall, upon con-
viction thereof, be fined not less than $500 or more than
$5,000, or imprisoned for not more than five years, or
both: Provided, That this subdivision shall not apply to
the Governor of the Farm Credit Administration when
engaged in the performance of his duties herein pro-
vided.’’
1935—Subsec. (a). Act June 3, 1935, amended definition
of cooperative
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Page 274
TITLE 12—BANKS AND BANKING
§ 1148
of turpentine and gum rosin, as defined in sec-
tion 92 of title 7.
(June 15, 1929, ch. 24, § 15, 46 Stat. 18; Mar. 4, 1931,
ch. 520, § 3, 46 Stat. 1550; Ex. Ord. No. 6084, Mar.
27, 1933; June 16, 1933, ch. 98, title V, § 55, 48 Stat.
266; June 3, 1935, ch. 164, § 12, 49 Stat. 317; Pub. L.
110–234, title I, § 1610, May 22, 2008, 122 Stat. 1018;
Pub. L. 110–246, § 4(a), title I, § 1610, June 18, 2008,
122 Stat. 1664, 1746.)
Editorial Notes
CODIFICATION
Pub. L. 110–234 and Pub. L. 110–246 made identical
amendments to this section. The amendments by Pub.
L. 110–234 were repealed by section 4(a) of Pub. L.
110–246.
Section was formerly classified to section 535 of Title
7, Agriculture.
AMENDMENTS
2008—Subsecs. (d) to (g). Pub. L. 110–246, § 1610, redes-
ignated subsecs. (e) to (g) as (d) to (f), respectively, and
struck out former subsec. (d) which read as follows:
‘‘The inclusion in any governmental report, bulletin, or
other such publication hereafter issued or published of
any prediction with respect to cotton prices is prohib-
ited. Any officer or employee of the United States who
authorizes or is responsible for the inclusion in any
such report, bulletin, or other publication of any such
prediction, or who knowingly causes the issuance or
publication of any such report, bulletin, or other publi-
cation containing any such prediction, shall, upon con-
viction thereof, be fined not less than $500 or more than
$5,000, or imprisoned for not more than five years, or
both: Provided, That this subdivision shall not apply to
the Governor of the Farm Credit Administration when
engaged in the performance of his duties herein pro-
vided.’’
1935—Subsec. (a). Act June 3, 1935, amended definition
of cooperative association and inserted second sentence
in par. ‘‘Third’’.
1933—Subsec. (a). Act June 16, 1933, among other
changes, inserted proviso and all subsequent thereto.
1931—Subsec. (g). Act Mar. 4, 1931, added subsec. (g).
Statutory Notes and Related Subsidiaries
CHANGE OF NAME
‘‘The Governor’’ and ‘‘Farm Credit Administration’’
substituted in text for ‘‘any member’’ and ‘‘board’’, re-
spectively, and ‘‘Governor of the Farm Credit Adminis-
tration’’ substituted for ‘‘members of the board’’, pur-
suant to Ex. Ord. No. 6084, set out preceding section
2241 of this title.
EFFECTIVE DATE OF 2008 AMENDMENT
Amendment of this section and repeal of Pub. L.
110–234 by Pub. L. 110–246 effective May 22, 2008, the
date of enactment of Pub. L. 110–234, see section 4 of
Pub. L. 110–246, set out as an Effective Date note under
section 8701 of Title 7, Agriculture.
TRANSFER OF FUNCTIONS
Establishment of Farm Credit Administration as an
independent agency, composition of Farm Credit Ad-
ministration, appointment of Governor of Farm Credit
Administration, and duties thereof, including duty to
perform functions, etc., of Farm Credit Administration,
see section 2241 et seq of this title.
Executive Documents
EXCEPTIONS FROM TRANSFER OF FUNCTIONS
Functions of Farm Credit Administration or any
agency, officer, or entity of, under, or subject to super-
vision of said Administration excepted from functions
of officers, agencies, and employees transferred to Sec-
retary of Agriculture by Reorg. Plan No. 2 of 1953, § 1,
eff. June 4, 1953, 18 F.R. 3219, 67 Stat. 633, set out in the
Appendix to Title 5, Government Organization and Em-
ployees.
CHAPTER 7B—REGIONAL AGRICULTURAL
CREDIT CORPORATIONS
Sec.
1148 to 1148d. Repealed.
§ 1148.
Repealed.
Pub.
L.
115–334,
title
V,
§ 5411(59), Dec. 20, 2018, 132 Stat. 4685
Section, act July 21, 1932, ch. 520, § 201(e), 47 Stat. 713;
Aug. 19, 1937, ch. 704, § 5(a), 50 Stat. 704; June 30, 1947,
ch. 166, title II, § 206, 61 Stat. 208, authorized the cre-
ation of regional agricultural credit corporations with-
in the farm credit districts.
§ 1148a. Repealed. Pub. L. 92–181, title V, § 5.26(a),
Dec. 10, 1971, 85 Stat. 624
Section, acts June 16, 1933, ch. 98, title VIII, § 84, 48
Stat. 273; June 30, 1947, ch. 166, title II, § 206, 61 Stat.
208, provided for reduction of capital of regional agri-
cultural credit corporations by Farm Credit Adminis-
tration. See section 2252 of this title.
§§ 1148a–1 to 1148a–3. Repealed. Pub. L. 87–128,
title III, § 341(a), Aug. 8, 1961, 75 Stat. 318
Section 1148a–1, acts Apr. 6, 1949, ch. 49, § 1, 63 Stat. 43;
Aug. 5, 1950, ch. 592, § 1(a), 64 Stat. 414, provided for
transfer of functions of Regional Agricultural Credit
Corporation, Washington, D.C., to Secretary of Agri-
culture to make disaster loans, abolished such corpora-
tion, provided for transfer of assets, funds, rights, li-
abilities, use of revolving, transfer of personnel and
delegation of authority by Secretary of Agriculture.
Section 1148a–2, acts Apr. 6, 1949, ch. 49, § 2, 63 Stat. 44;
July 14, 1953, ch. 192, § 1, 67 Stat. 149; July 7, 1955, ch.
278, §§ 1, 2, 69 Stat. 263; July 15, 1955, ch. 373, 69 Stat. 366;
July 11, 1958, Pub. L. 85–516, 72 Stat. 357; July 26, 1961,
Pub. L. 87–106, 75 Stat. 220, authorized the Secretary of
Agriculture to make loans to farmers and stockmen,
prescribed the rates of interest and terms and condi-
tions of the loans, provided for economic disaster loans
and rates of interest and terms thereof, special live-
stock loans, the effective period of such loans, security,
rate of interest, terms and conditions of such loans and
local loan committees, emergency assistance in fur-
nishing feed and seed, utilization of Agriculture De-
partment agencies, utilization of revolving fund and
transfer of funds into the revolving fund.
Section 1148a–3, act Apr. 6, 1949, ch. 49, § 3(a), 63 Stat.
44, provided that no suit or other judicial proceeding
instituted by or against the Regional Agricultural
Credit Corporation shall abate by reason of sections
1148a–1 and 1148a–2 of this title and permitted substi-
tution of the Secretary as a party in place of the Cor-
poration within six months after Apr. 16, 1949.
For subject matter of former sections 1148a–1 to
1148a–3 of this title see section 1921 et seq. of Title 7,
Agriculture.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF REPEAL
Repeal effective one hundred and twenty days after
Aug. 8, 1961, or such earlier date as the provisions of
chapter 50 of Title 7, Agriculture, are made effective by
regulations of Secretary of Agriculture, except that re-
peal of section 1148a–2(c) of this title shall not be effec-
tive prior to Jan. 1, 1962, see section 341(a) of Pub. L.
87–128, set out as a note under section 1921 of Title 7.
Repeal effective Oct. 15, 1961, by former section 300.1
of Title 6, Code of Federal Regulations, see Effective
Date note set out under section 1921 of Title 7.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, acts June 16, 1933, ch. 98, title VIII, § 84, 48 Stat. 273; June 30, 1947, ch. 166, title II, § 206, 61 Stat. 208, provided for reduction of capital of regional agricultural credit corporations by Farm Credit Administration. See [section 2252 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section2252&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1148a
Stored review status: release_metadata_unconfirmed. Same stored citation; legal effect and authority still require review.