1. LawStack
  2. Title 12 - BANKS AND BANKING
  3. Chapter 23 - FARM CREDIT SYSTEM
  4. Subchapter IV - PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEM
  5. Part A - Funding
  6. 12 USC § 2157
12 USC § 2157
Bonds as investments
October 30, 2020
USC

The bonds, debentures, and other similar obligations issued under the authority of this chapter shall be lawful investments for all fiduciary and trust funds and may be accepted as security for all public deposits.
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§ 2156 Repealed. Pub. L. 100–233, title II, §204(b), Jan. 6, 1988, 101 Stat. 1607
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§ 2158 Purchase and sale by Federal Reserve System

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