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1134 et seq.

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Banking institutions—Continued.

U.S. C.
Association with, prohibited

Sec. No.
by district directors of farm credit boards, exception.. 640h
by farm credit examiners..

656, 981
by farm loan registrars.

656
by land bank appraisers--

656
Farm credit examiners shall not perform service for compen-
sation for any other.---

981
Banks

Report on condition of institutions receiving deposits from
district banks or corporations.

1095
Banks for cooperatives

Act---
Assessments for cost of examinations..

1138a
Bylaws---

1134a
Capital stock, see main heading Capital stock
Central Bank for Cooperatives, see main heading Central

Bank for Cooperatives
Charters.

1134, 1134a
Citizenship in State or district of principal office.

1138
Compensation of directors, officers or employees, limitation

1138f
Contracts
application of provisions of Criminal Code ---

1138d
power to make.

1138
Cooperative associations, loans to---

11340
Cooperative Bank Commissioner, see main heading Cooper-

ative Bank Commissioner
Corporate existence...

1134, 1134a
Corporate powers generally,

1138
Corporate seal, power to adopt and use.

1138
Crimes and penalties, see main heading Offenses and penal-

ties
Criminal Code provisions, applicability to transactions of.- 1138d.
Debentures, issuance of.--

1134m
Directors, see main heading Directors
Discount of paper --

11346
by Federal intermediate credit banks..

1031
Dissolution..

1138
Drainage, irrigation or conservancy districts
loans in.

773a
mortgages, acquisition of_

773a
Earnings, application of.

1134d
Election of a director on farm credit board by borrowers
from..

6406
Examinations, assessments for cost of

1138a
Federal instrumentalities.-

1138c
Fees and charges, power to prescribe--

1138
Fiscal agents of United States, designation.

1138b
Incidental powers--

1138
Information as to institutions receiving loans or deposits - ·1095.
Insolvency, power of Governor:
to appoint receiver..

1138e
to authorize voluntary liquidation.

1138e
Instrumentalities of Government.

11386
Liquidation, voluntary-

1138e
Loans by-

11340
Location.

1134
Offenses by persons connected with, see main heading

Offenses and penalties
Officers and employees
appointment

640r, 1134
compensation.

640r, 1134
limitations on.

1138f.
disqualification of officers on con
court award of damages for fr

Oi

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Banks for cooperatives—Continued.

U. S. C.
Officers and employees—Continued.

Sec. No.
employment..

1134
offenses by, penalty---

1138d
prohibited from serving as directors on farm credit
board.--

640h
sick leave, not subject to provisions of certain Federal
statutes..

640r(c)
vacations, not subject to provisions of certain Federal
statutes.

640r(c)
Organization..

1134
Powers

borrowing from banks for cooperatives, Federal inter-
mediate credit banks and commercial banks..

1134c
buy from and sell to banks for cooperatives or Federal

intermediate credit banks any note, draft, debenture,
etc., or interest therein...

1134c
corporate, general---

1138
discount.

1134c
division of lending power between banks for cooper-
atives and Central Bank for Cooperatives..

1134j
incidental.

1138
lending---

1134c
loans to cooperative associations.--.

1134c
loans to other banks for cooperatives.

1134c
rediscount.

11340
Property
real and personal
power to acquire, hold and dispose of..

1138
subject to taxation....

11380
tax exemption.--

11380
see also Farm credit boards, powers of, under main head-

ing Directors
Purchase of obligations by Federal intermediate credit
banks---

1031
limitation on amount.

1032
Receiverships, power of Governor to appoint receiver. 1138e
Rediscount of paper.-

11340
Reports on condition of institutions receiving loans or de-
posits.

1095
Reserves.

1134d
Revolving fund, stock subscriptions from..

1134b
Rules and regulations, see main heading Rules and regula-

tions
Seal, power to adopt and use..

1138
Stock, see main heading Capital stock
Suits by and against--

1138
Tax exemptions..

11380
Voluntary liquidation --

1138e
Bond committee
Compensation..

886
Duties.

884
Expenses.

885
Membership-

883
Subcommittee may be appointed.

883
Traveling expenses.

886
Bonds, farm loan

Additional collateral for, Farm Credit Administration may
require

856
Alteration of, penalty -

982
Amortization and other payments on principal of pledged
mortgages
application and use_

897
constitute trust funds in hands of land banks.

897
crediting repayments by registrar---

891

118
119
154
144

129
144
144

149

149
151
154

80
80
80
79
79
80

72
97

82
82
81

Page

83
81
83
72

853

69
70
71
69
71
69
69
69

69
69
69
70

69
98
71
71
75

50
81

75, 77

18

Bonds, farm loan-Continued

U, S. C.
Amortization and other payments—Continued.

Sec. No.
disposition of, notice to registrar.

899
receipt of, notice to registrar--

891
transfer of, to registrar on demand.-

899
Amount of issue, limitation..

861
Application for leave to issue
approval of, by Farm Credit Administration..

842
written approval requisite ---

844
assignment of collateral on approval of application..
collateral security tendered with..

841
disposition of collateral on approval of application.- 853
duties of farm loan registrar-

842
grant of application by Farm Credit Administration. 842
information furnished by registrar---

843
investigation and appraisement of securities by Farm
Credit Administration.

842
manner of making-

841
rejection of, by Farm Credit Administration..

842
collateral security returned to bank by registrar. 852
transmission of decision of Farm Credit Administration
to land bank and registrar...

843
Assignment of, without authority, penalty -

984
Assignment of collateral security to farm loan registrar. 853
right of redemption and substitution in..

853
Attestation and signing of..

874
Bond committee, see main heading Bond committee
Borrower may elect to receive proceeds of loan in.

772
Cancelation on payment.

893
Certificate of Land Bank Commissioner to appear on face
of.-

874, 880
Circulars to be issued stating advantages.

664
Collateral security for
additional

856
deposit of, by registrar in vault or bank, approved by
Farm Credit Administration.

853
deposit of mortgages with farm loan registrar.

781
deposit of trust funds with registrar as substituted col-
lateral.

898
eligibility of mortgages as, where principal portion of
maturing installments deferred for period not exceed-
ing ten years--

854
farm loan bonds not to exceed collateral pledged with
registrar.--

855
held by registrar---

642, 853
interest payments on pledged mortgages, disposition - 895
investigation and appraisement by Farm Credit Ad-
ministration.

842
mortgages ineligible during examination of State laws
affording insufficient protection to mortgagee..

972
only qualified first mortgages eligible as.

781, 854
purchase money mortgages in lieu of mortgages with-
drawn and

857
reamortized mortgage loans.

781
return to land bank upon rejection of application for
bond issue.-

852
schedules of securities tendered to registrar with appli-
cation ---

841
transmission of schedules with application to Farm
Credit Administration.--

842
verification of, by registrar---

842
substitution of
for mortgages withdrawn.-

853, 892
Government bonds or cash for mortgages with-
drawn..

855

72

71
52

83

72
12, 71

95
52, 71

72
56

69
69

71, 81

Page

76, 80

Bonds, farm loan-Continued.

U.S.C.

BO!
Collateral security for—Continued.

Sec. No.
substitution of-continued.

purchase money mortgages for mortgages with-
drawn.--

857 72
trust funds.

898 83
United States Government bonds tendered as.- 841, 855, 892 69, 72, 81
withdrawal of, and substitution of other collateral.- 853, 892

71, 81
withdrawal of, on surrender of farm loan bonds..

894

82
Consolidated bonds, special provisions respecting
additional collateral for...

881 (d)

78
amortization and other payments on principal of
pledged mortgages
application and use--

881 (a) 78
constitute trust funds in hands of Federal land
banks.ca

881 (a)

77
disposition of, notice to registrar.

881 (b) 78
transfer to registrar as trustee_

881 (b) 78
amount of security..

881 (b)

78
application for, approval of Farm Credit Administra-
tion requisite..

881 (a)

77
assessments for payment of interest and principal on. 882

79
attestation and signing of..-

876, 884
banks bound by act of Land Bank Commissioner and
Deputy Land Bank Commissioner.

878 76
bond committee, duties respecting -

884

80
certificate of Land Bank Commissioner.

880

77
collateral security for

additional, Farm Credit Administration may re-
quire

881 (d)

78
amount of

881 (b)

78
held separate from collective security for indi-
vidual bonds..

881 (a)

77
maintained with registrar.

881 (b)

78
mortgages and United States bonds tendered to
registrar upon approval of issue----

881 (a)

77
withdrawal of, on surrender of bonds..

881 (c)

78
coupons, payment of..

881(d)

78
directors to obligate banks respecting bond liability. 879

76
exchanges
for bonds of individual banks..

881(e)

79
for Federal Farm Mortgage Corporation bonds- 781, 1020c 57, 109
of Federal Farm Mortgage Corporation bonds
for.---

781, 10200 57, 109
expenses of bond committee..

885

80
failure of participating bank to pay interest or princi-
pal, assessments against other banks.

882

79
interest rate, determination by bond committee..

884

80
issuance of
amount determined by bond committee..

884

80
authority--

875
banks bound by act of Land Bank Commissioner
and Deputy Land Bank Commissioner.

878

76
certificate of Land Bank Commissioner..

880

77
directors to obligate banks respecting bond
liability

879

76
execution by Land Bank Commissioner and
Deputy Land Bank Commissioner.

884

80
limitation placed on Federal land banks.

791

59
participation of land banks in issues.. 881 (a), 884

77, 80
limitation on issue.-

791

59
loans by Land Bank Commissioner, payment in.--- 1016 (g)

105
payment of bonds and coupons.

881 (d)

78
where payable---

877

76
purchase of, by Federal Farm Mortgage Corporation.- 1020d

110

75

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76
79

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75
80

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Bonds, farm loan-Continued.

U.S.C.
Consolidated bondsContinued.

Sec. No.
recital on face of bonds of joint and several obligations 876
rules and regulations respecting exchanges of..--.--. 881 (e)
sale of
authorization..

875
expenses of bond committee...

885
security for loans to Federal land banks from Federal
Farm Mortgage Corporation.

1020d
signature and attestation..

876, 884
taxation

certificate of Land Bank Commissioner on face of
bond to state nontaxability ---

880
exemption from

931
withdrawal of collateral security on surrender of.---- 881 (c)
Conversion of interest-bearing certificates of national farm
loan associations into...

761
Counterfeiting, penalty-.

982
Coupon bonds, exchange for registered bonds.

864
Coupons, payment of, at maturity.---

896
Defaulted loans may be paid by associations in.

921
Definition of term.

642
Delivery to banks through registrar.

851, 863
Denominations...

861
Deposit of mortgages as collateral security for.-

781
Directors to obligate banks respecting bond liability

873
Exchanges

for farm first mortgages executed prior to May 12, 1933. 781
for Federal Farm Mortgage Corporation bonds..

781
of consolidated bonds for bonds of individual banks. 881 (e)
of Federal Farm Mortgage Corporation bonds for ----

781
of registered and coupon bonds.

864
Execution and delivery of..

851
Exemption from taxation..

931
Expenses of preparing bonds

payment by Secretary of Treasury.
False pretenses as to character, penalty-

985
Falsely making or passing of, penalty-..

982
Farm Credit Administration to grant or refuse authority to

issue.
Farm loan registrars, authority and duties respecting, see

Farm loan registrars, main heading
Federal reserve banks may buy and sell..

943
Federal reserve member banks may buy and sell..

942
Forging of bonds or coupons, penalty-..

982
Forms of

certificate of Land Bank Commissioner respecting
taxability--

874, 880
denomination..

861
interest coupons attached

861
payment of, provisions for.

861
preparation of

864
prescribed by Farm Credit Administration...

831 (f)
retirement of, provisions for...

861
time to run.

861
use of words "Federal" and "joint stock”,

642
Government deposits secured by ---

941, 991
Government funds, investment in, prohibited.

701
Guaranty as to interest by Government.

992
acceptance of, in payment of certain mortgages.

993
aggregate amount, limitation on

992
limitation on issuance of..

992a
Held in Treasury subject to delivery upon order of Farm
Credit Administration.-

864
Instrumentalities of Government of United States

931
Interest coupons attached to---

861

73
70
87

864

77
78
78
76

73
99
97

831 (c)

67

79
109

109
80

88
88
97

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