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Association with, prohibited

Banking institutions-Continued.

by district directors of farm credit boards, exception. 640h

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by farm credit examiners..

656, 981

14, 97

by farm loan registrars..

656

14

by land bank appraisers---

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Farm credit examiners shall not perform service for compen-

sation for any other_-_-

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Banks

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

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Citizenship in State or district of principal office.

Compensation of directors, officers or employees, limitation

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Crimes and penalties, see main heading Offenses and penal-

ties

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

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Election of a director on farm credit board by borrowers
from_.

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Offenses by persons connected with, see main heading
Offenses and penalties

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disqualification of officers on conviction of felony or
court award of damages for fraud...

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offenses by, penalty-

1138d

151

prohibited from serving as directors on farm credit
board...

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

640r (c)

12

vacations, not subject to provisions of certain Federal
statutes_.

640r (c)

12

Organization...

1134

143

Powers

borrowing from banks for cooperatives, Federal inter-
mediate credit banks and commercial banks____.
buy from and sell to banks for cooperatives or Federal
intermediate credit banks any note, draft, debenture,
etc., or interest therein..

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corporate, general__

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loans to cooperative associations.......

discount--

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

incidental__.

lending....

loans to other banks for cooperatives.-

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

1031

118

limitation on amount_

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Receiverships, power of Governor to appoint receiver_
Rediscount of paper--

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

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Rules and regulations, see main heading Rules and regula-
tions

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disposition of collateral on approval of application..
duties of farm loan registrar..

853

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grant of application by Farm Credit Administration_.
information furnished by registrar_.

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investigation and appraisement of securities by Farm

Credit Administration_.

842

manner of making___

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rejection of, by Farm Credit Administration_

842

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

Assignment of, without authority, penalty-

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

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852

843

984

853

853

874

772

893

Certificate of Land Bank Commissioner to appear on face
of___

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

853

deposit of mortgages with farm loan registrar.
deposit of trust funds with registrar as substituted col-
lateral__.

781

898

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

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

854

855

held by registrar--

642, 853

12, 71

interest payments on pledged mortgages, disposition__
investigation and appraisement by Farm Credit Ad-
ministration__

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mortgages ineligible during examination of State laws
affording insufficient protection to mortgagee_--
only qualified first mortgages eligible as

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

852

schedules of securities tendered to registrar with appli-
cation___.

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69

69

72

Bonds, farm loan-Continued.

Collateral security for-Continued.
substitution of-continued.

purchase money mortgages for mortgages with-
drawn...

trust funds..

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United States Government bonds tendered as-- 841, 855, 892 69, 72, 81
withdrawal of, and substitution of other collateral__ 853, 892
withdrawal of, on surrender of farm loan bonds______ 894
Consolidated bonds, special provisions respecting

71, 81
82

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72

additional collateral for..

881 (d)

78

amortization and other payments on principal of

pledged mortgages

application and use..

constitute trust funds in hands of Federal land
banks...

881 (a)

881 (a)

disposition of, notice to registrar_

881 (b)

transfer to registrar as trustee..

881 (b)

amount of security-

881 (b)

application for, approval of Farm Credit Administra-

tion requisite..

881 (a)

assessments for payment of interest and principal on..
attestation and signing of..........

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banks bound by act of Land Bank Commissioner and

Deputy Land Bank Commissioner.

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bond committee, duties respecting-.

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certificate of Land Bank Commissioner..

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collateral security for

additional, Farm Credit Administration may re-
quire_

881 (d)

amount of...

held separate from collective security for indi-
vidual bonds__

881 (b)

881 (a)

maintained with registrar..

881 (b)

mortgages and United States bonds tendered to

registrar upon approval of issue_.

881 (a)

withdrawal of, on surrender of bonds..

881 (c)

coupons, payment of..

881(d)

directors to obligate banks respecting bond liability.__
exchanges

879

for bonds of individual banks..

881 (e)

for Federal Farm Mortgage Corporation bonds. 781, 1020c
of Federal Farm Mortgage Corporation bonds
for..

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781, 1020c

57, 109

expenses of bond committee..

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

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sale of

signature and attestation.

Bonds, farm loan-Continued.

Consolidated bonds-Continued.

recital on face of bonds of joint and several obligations
rules and regulations respecting exchanges of...

authorization.......

expenses of bond committee_..

security for loans to Federal land banks from Federal
Farm Mortgage Corporation_-

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875

885

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75

80

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876, 884

76, 80

taxation

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

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exemption from.......

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withdrawal of collateral security on surrender of.

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Conversion of interest-bearing certificates of national farm

Coupon bonds, exchange for registered bonds.

Coupons, payment of, at maturity-

Defaulted loans may be paid by associations in....

Definition of term..

Deposit of mortgages as collateral security for.
Directors to obligate banks respecting bond liability..
Exchanges

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

781

781

of Federal Farm Mortgage Corporation bonds for..........
of registered and coupon bonds....

of consolidated bonds for bonds of individual banks.. 881 (e)

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Farm Credit Administration to grant or refuse authority to
issue...

831 (c)

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97

67

Federal reserve banks may buy and sell__

Farm loan registrars, authority and duties respecting, see
Farm loan registrars, main heading

943

Forms of

Federal reserve member banks may buy and sell..

Forging of bonds or coupons, penalty-

certificate of Land Bank Commissioner respecting

942

982

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97

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use of words "Federal" and "joint stock"

"Government deposits secured by.......

'Government funds, investment in, prohibited.

Guaranty as to interest by Government..

acceptance of, in payment of certain mortgages_.
aggregate amount, limitation on__.

limitation on issuance of____

831 (f)

68

861

72

861

72

642

12

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Held in Treasury subject to delivery upon order of Farm
Credit Administration__

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993

101

992

100

992a

101

864

73

931

87

Interest coupons attached to___

861

72

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