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" Cooperative associations borrowing from the Central Bank shall be required to own. at the time the loan is made, an amount of stock of the bank equal in fair book value (not to exceed par), as determined by the bank, to $100 per $2,000 or fraction thereof... "
Hearing Before the Committee on Agriculture, House of Representatives ... - Page 4
by United States. Congress. House. Committee on Agriculture - 1935
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Farm Credit Act of 1933, Hearing Before ..., 73-1 on H.R. 5790, May 26 and ...

United States. Congress. House. Committee on Agriculture - 1933 - 54 pages
...OF BORROWERS FROM CENTRAL BANK SEC. 35. (a) Cooperative associations borrowing from the Central Bank shall be required to own. at the time the loan is made, an amount of stock of the bank equal in fair book value (not to exceed par), as determined by the bank,...
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Circular

United States. Farm Credit Administration - 1934 - 1028 pages
...associations not authorized to purchase stock.—(a) Cooperative associations borrowing from the Central Bank shall be required to own, at the time the loan is made, an amount of stock of the bank equal in fair book value (not to exceed par), as determined by the bank,...
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Laws Applicable to the United States Department of Agriculture, 1935 ...

United States - Agricultural laws and legislation - 1936 - 684 pages
...loan is approved by the Production Credit Commissioner of the Farm Credit Administration. Borrowers shall be required to own, at the time the loan is made, class B stock in an amount equal in fair book value (not to exceed par), as determined by the association,...
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To Establish Consumers' Administration and Cooperation Bank: Hearings Before ...

United States. Congress. House. Banking and Currency Committee - 1936 - 70 pages
...organizations, associations, joint partnerships, societies, or corporations borrowing from the Central Bank shall be required to own, at the time the loan is made, an amount of stock of the bank equal in fair book value (not to exceed par), as determined by the bank,...
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Fishery Credit Act: Hearings...on H.R. 6039 and 7309, June 29, July 16, 1937

United States. Congress. House. Merchant Marine and Fisheries - 1937 - 164 pages
...associations. (b) Cooperative associations borrowing from the Fishery Cooperative Loan Corporation shall be required to own, at the time the loan is made, an amount of stock of the Corporation equal in fair book value (not to exceed par), as determined by...
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Fishery Credit Act: Hearings ... Seventy-fifth Congress, First Session on H ...

United States. Congress. House. Committee on Merchant Marine and Fisheries - Fish trade - 1937 - 104 pages
...associations. (b) 'Cooperative associations borrowing from the Fishery Cooperative Loan Corporation shall be required to own, at the time the loan is made, an amount of stock of the Corporation equal in fair book value (not to exceed par), as determined by...
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The Code of Federal Regulations of the United States of America ..., Book 1

Administrative law - 1948 - 1594 pages
...required of borrowing cooperatives. Cooperative associations borrowing from a bank for cooperatives shall be required to own, at the time the loan is made, an amount of stock of the bank as follows : (a) Operating capital and facility loans. An amount of...
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The Code of Federal Regulations of the United States of America ..., Book 1

Administrative law - 1944 - 1386 pages
...required of borrowing cooperatives. Cooperative associations borrowing from a bank for cooperatives shall be required to own, at the time the loan is made, an amount of stock of the bank as follows: (a) Operating capital and facility loans. An amount of stock...
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Revised Edition of Laws Applicable to the United ..., Volume 1, Issues 1-22

United States - 1945 - 928 pages
...par), as determined by the bank, to $100 per $2,000 or fraction thereof of the amount of the loan, or who shall willfully and corruptly furnish to any Upon discharge of the loan, stock held by the borrowing association may be, and upon the concurrent...
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Revised Edition of Laws Applicable to the United States Department ..., Volume 1

United States, United States. Department of Agriculture. Office of the Solicitor - Agricultural laws and legislation - 1945 - 930 pages
...loan is approved by the Production Credit Commissioner of the Farm Credit Administration. Borrowers o the land banks; and to allow interest on such payment class B stock in an amount equal in fair book value (not to exceed par), as determined by the association,...
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