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Federal intermediate credit banks-Continued

Debentures, see main heading Debentures

Deposits, public, debentures lawful investment for.
Directors, see main heading Directors

U. S. C.

Sec. No.*

1045

Discount rates__

1051

Discounts, see main heading Discounts

Dissolution of banks__

1072

Earnings, disposition_..

1072

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Employees, see Officers and employees, below

Endorsement of

loans and discounts sold by.

1033

notes purchased or discounted with

1031

Establishment_

1022

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Examinations, see main heading Examinations

Examiners, see main heading Farm Credit Examiners

Federal instrumentalities, debentures as_

1111

Fees, see main heading Fees and charges

Fiduciary funds, investment in debentures.

1045

Fiscal agents for United States, designation__

1024

Franchise tax..

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Funds, trust and fiduciary, debentures lawful investment

for

1045

Hawaii, extension of law to..

672a

unaffected by provisions of § 640a-j--

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96

90

90

Information on

institutions receiving loans or deposits, executive
departments, etc..

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obligations discounted, limitation on rates charged
original borrowers _ _

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Intermediate Credit Commissioner, see main heading Inter-
mediate Credit Commissioner

Investigations and reports by land bank appraisers and
examiners_

1093

Investments of fiduciary and trust funds in debentures _ _
Land bank appraisers, see main heading Land bank apprais-

1045

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Federal intermediate credit banks-Continued
Powers

acquire and dispose of property..

act as fiscal agents of United States, when designated
borrow money.

buy or sell debentures of Federal intermediate credit

U.S. C.

Sec. No.*

Page

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banks...

1031, 1053

87, 91

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Revolving fund, see main heading Revolving funds, subhead-

ing, Capital stock and paid-in surplus

Rules and regulations, see main heading Rules and regulations

Salaries of officers and employees..

1022

Savings institutions, see main heading Savings banks

State banks, see main heading State banks

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Stock, see main heading Capital stock

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stock land banks__.

Accepting other than first mortgages.

Acquisition of assets and assumption of liabilities of joint

Actions, power to sue and be sued..

Advance of funds to farm loan associations_.

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823, 824

50, 51

676

715

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17

23

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for expenses of preparing farm loan bonds__.

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upon failure of any bank to pay interest or principal
on bonds_

872, 882

58, 61

Assets and assumption of liabilities of

insolvent joint stock land banks.

824

51

liquidating joint stock land banks..

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Banking or other business not expressly authorized, restric-
tions..

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Bond committee_-

883-6

61-62

Bonds, farm loan, see main heading Bonds, farm loan

direct loans in____

Bonds, Federal Farm Mortgage Corporation

exchange for farm loan bonds_

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purchase with payments on pledged mortgages-

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Collateral security for bond issue, see main heading Bonds,

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Consolidated bonds, see main heading Bonds, farm loan

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Deferments of principal, subscription to paid-in-surplus- --

781

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34

69

Directors, see main heading Directors, subheading Federal
land banks and Farm credit boards

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Endorsement of mortgages taken by, see main heading
Mortgages

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Federal land banks-Continued

Examination of, see main heading Examinations

Sec. No.*

Execution of instruments on behalf of the Land Bank
Commissioner and Federal Farm Mortgage Corporation 1016(h)
Exercise of unauthorized power shall not impair loan or
mortgage

Extension of unpaid obligations, interest rate on..
Facilities available to Land Bank Commissioner.
Farm loan bonds, see main heading Bonds, farm loan
Fees, see main heading Fees and charges
Financial agents of Government--

U. S. C.

Page

79

771

781

42, 43

1018

888888

38

80

701

"First mortgage" defined..

642

construed to include mortgages on farm lands in
United States reclamation projects..

773

Forms for statements of condition_.

663

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Funds

current

deposit of, in Federal reserve member banks_
loan proceeds transmitted to borrowers in..

781

41

772

Investment of

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Interbank loans.

781

44

Interest, see main heading Interest

Liability for payment of

bonds of individual banks, assessment..

872-874

consolidated bonds..

876

action of directors respecting-

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assessment against banks..

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Liquidation, voluntary, consent of Farm Credit Adminis-
tration.

965

Loans by, see main heading Loans

Location of principal office included in title..

672

Losses through default on bonds of individual banks to be

assessed against solvent banks..........

872

Mortgages, see main heading Mortgages

Name of, to include city of location...

672

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59

70

15

58

15

National farm loan associations (see also main heading

National farm loan associations)

articles of association sent to bank...

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charter forwarded through bank..

719

collect and pay to land banks payments due on mort-
gages

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44

17

17

disqualification of officers_

640i

9

election or appointment of officers.

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Federal land banks-Continued

Officers and employees-Continued

prohibited from serving as directors on farm credit
boards_

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removal or suspension of certain officials....

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salaries

6407, 660, 673, 677a

10,

14, 16, 18

vice presidents sign farm loan bonds.

between banks, regulations---

Powers

vacations and sick leave.

Organization certificates__

Organization of__

power of Farm Credit Administration..........
Paid-in-surplus

repayments into revolving fund__

subscription by Secretary of Treasury-.

Payments

by Secretary of Treasury, to offset interest reduction _ _ _
on principal of pledged mortgages to be held in trust__
to national farm loan associations after conservator-
ship_____

acquire assets and assume liabilities

insolvent joint stock land banks.
liquidating joint stock land banks.

corporate---

enforcement of personal liability of association stock-
holders after voluntary liquidation.......
exchange consolidated bonds for bonds of individual
banks..

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execution of instruments relating to property acquired
by Land Bank Commissioner or Federal Farm
Mortgage Corporation, presumption of authority.- 1016(h)

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make loans to national farm loan associations, limita-
tion___.

743

restrictions on__

791

use of purchase money mortgages as collateral execution
of conveyances, transfers and assignments..

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acquired

agreement to share gains and losses with national
farm loan associations_..

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real property acquired in satisfaction of debts_

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Farm Credit Boards power regarding-

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power to acquire, lease or dispose of

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power to sell real and personal property-

961, 963

69, 70

taxation, real property not exempt.

933

68

taxes, liens, etc., covenant to pay..

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assets and assumption of liabilities of joint stock land
banks___.

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