U Eligibility of institutions organized under its laws.. Subscription to stock by INDEX HOME OWNERS' LOAN ACT OF 1933, AS AMENDED A Page 35 31 27 27 Act, application to United States, Alaska, Hawaii, Puerto Rico, Section 7 4 (m) 6 4 (m) 4 (d) 4 (m) 4 (d) 4 (m) 4 (d) 4 (m) 4 (m) (m) 4 (m) 4 (d), 4 (m) 4 (d) 4 (m) 4 (j) 7 8 (b) (3) 4 (d) 4 (d) 4 (c) 7 8 (d) 4 (c) 4 (h) 4 4 (h) 4 (h) 6 4 (d) 2 30 30 27 27 27 26 i 11 35 29 35 23 5 8 (e) 4 (j) 8 (e) 31-35 36 Page 27 23 28 24 30 30 29 24, 26 2426 30 37 25 29 25 25 B Section Balance, unpaid, interest on. 4 (d) Board, Federal Home Loan Bank. 2 (a) Determine reasonableness of annual tax burden. 4 (d) Direction of Corporation by .. 4 (a) To liquidate the Corporation... 4 (k) To make bylaws for the Corporation. 4 (k) To make rules for appraisal.. 4 (h) Bonds: Applicability of amendments to, limitation on.. 4 (c) Corporation may issue and sell. 4 (c) Corporation to cancel.. 4 (k). Crime to take difference between market and par value. 8 (e) Denominations of.. 4 (c) Exchange of, in redemption of foreclosed real estate.. Exemption from taxation of... 4 (c) Guaranty by Government, interest and principal. 4 (c) (c) 4 (c) Not to exceed $14,000 with advances 4 (d) Not to exceed 80 percent of the real-estate value, with advances. 4 (d) Of Corporation acceptable at face value in payment of debt to Corporation... 4 (i) Payment of by Government. 4 (c) Purchase of by Corporation. 4 (c) Purchase of by Government.. 4 (c) Refunding of, previously issued. 4 (c) Retirement of, payments of principal to be applied to. 4 (k) 4 (c) Retirement of, with approval of Secretary of Treasury Sale of, by Corporation. 4 (c) Sale of, by Government 4 (c) Taking difference between market and par value.. 8 (e) 4 (c) Bonds issued in compliance with outstanding commitments... Bylaws of the Corporation, Board to make 4 (k) 4 (c) 25 25 25 25 27 27 29 25 26 25 26 30 25 24-26 25 37 26 30 С Capital of Federal savings and loan associations 4 (b) Capital stock of Corporation..-Cash advanced to redeem foreclosed real estate. 32 24 29 5 (b) 4 (g) Cash advances: 4 (m) 4 (d) For enlargement. 4 (m) 4 (d) For expenses and repairs. For maintenance. 4 (m) For modernization. 4 (m) For rebuilding 4 (m) For rehabilitation. 4 (m) For repairs. 4 (d), 4 (m) For taxes. 4 (d) Cash advances and bonds not to exceed $14,000. 4 (d) Cash advances and bonds not to exceed 80 percent of real-estate 4 (d) value. Cash advances not to exceed 40 percent of real-estate value.-- 4 (f) Cash loans. 4 (e) 4 (e) Not to exceed 50 percent of real-estate value.. Secured by home mortgages. 4 (e) Certificates of indebtedness, Federal savings and loan asso 5 (b) ciations.. Charge illegal fee, penalty 8 (e) 8 (e) Charges authorized.. Chartering of Federal savings and loan associations 5 (a) 30 27 30 27 30 30 30 30 27, 30 27 27 27 29 28 28 28 !!!! 32 36 36 32 Page 36 26 29 29 32 32 36 34 31 30 29 24 24-31 23 25 29 30 23 31 27 24-26 Section Code, application of United States Criminal. 8 (d) Commitments outstanding on effective date of amendment to sec. 4 (c) 4 (c) 4 (j) 4 (j) Conservator of associations, appointment of.. 5 (d) Consolidation of Federal savings and loan associations. 5 (d) Contract for illegal charge, penalty - 8 (e) Conversion to Federal savings and loan association.. 5 (i) Conveyance, additional to be taken by Corporation.. 4 (m) Corporation: Board to liquidate- 4 (k) Bonds acceptable in payment of debts to the Corporation. 4 (i) Capital stock of.. 4 (b) Creation of Home Owners' Loan. 4 Definition of.. 2 (b) Exemption from taxation of.. 4 (c) Free use of mails by.. 4 (j) Liquidation of 4 (k) Home Owners' Loan.. 2 (b) Make deposits in member of bank or institutions with insured accounts.. 4 (n) May acquire home mortgages. 4 (d) May issue, sell, and purchase bonds.- 4 (c) May make advances for enlargement, maintenance, mod ernization, rebuilding, rehabilitation, and repairs. 4 (m) May make advances for expenses and repairs. 4 (d) May make assessment advances.. 4 (d) 4 (d) 4 (n) 4 (n) Shares in institutions with insured accounts... 4 (n Shares in member of bank... 4 (n) May use facilities of the Federal home loan banks. 4 (j) Real property subject to taxation.. 4 (c) Rules and regulations to be made by the Board. 4 (k) To cancel bonds... 4 (k) To determine necessary expenditures- 4 (j) To fix compensation of personnel. 4 (3) 4 (d) 4 (j) 4 (k) To pay proportionate share of expenses of the Board.. 4 (j) To retire stock. 4 (k) To select employees, officers, attorneys, and agents.. 4 (j) Counterfeiting, penalty for.. 8 (b) (1) Creation of Home Owners' Loan Corporation.. 4 Crime to take difference between market and par value- 8 (e) Criminal Code, application of United States. 8 (d) 30 27 27 27 31 31 31 31 31 30 25 30 30 29 29 27 30 30 30 30 29 35 24-31 37 36 D 8 (c) (2) Deceiving, penalty for. Deductions from loanable value for public assessments 4 (d) Default due to unemployment, economic condition, misfortune. 4 (1) 4 (1) Default, involuntary on June 13, 1933. Default, taxing districts in.. 4 (d) 2 Definitions. 8 (c) (2) Defrauding, penalty for.. Denominations of bonds.. 4 (c) Deposits in Federal savings and loan associations prohibited.. 5 (b) 8 (e) Difference between market and par value.- 36 28 30 30 28 23 36 25 32 37 2 (d) Deposits in. Page 24 24 30 23 4 (k) Section Direction to Board... 4 (a) Direct loan provision, repeal of.- 3 Dividends to United States, Corporation to pay. Dwelling defined.. 2 (c) E Economic condition, misfortune, or unemployment cause of default.. 4 (1) Embezzlement, penalty for.. 8 (c) (1) Employees, Corporation to select 4 (j) Encouragement of saving and home financing - 6 Encouragement of saving and home financing, appropriation therefor. 6 Enlargement of homes, advance for. 4 (m) Evidence of stock ownership, receipts to be. 4 (b) Evidence of stock ownership in associations, receipts to be. 5 (j) Examination of Federal savings and loan associations. 5 Excessive charges, penalty for. 8 (e) Exchange of bonds for previously issue bonds.. (c) Exemption from taxation, Federal savings and loan associations.. 5 (h) Exemption from taxation of bonds. 4 (c) Exemption from taxation of Corporation.. (c) Expenditures, Corporation to determine necessary.. (j) 4 (d) For a period not to exceed 25 years. 4 (d) With revision of terms. 4 (d) F False altering, penalty for. 8 (b) (3) False entry, penalty for.. 8 (c) (2) False statement, penalty for.. 8 (a) Federal Home Loan Bank Board.. 2 (a) Federal home-loan banks: Conversion of members into Federal associations.. 5 (i) Corporation may buy bonds of 4 (n) Corporation may use facilities of.. 4 (j) 5 Employment of as fiscal agent by Government. Federal savings and loan associations.- 5 Amount paid in by Government not to exceed 75 percent total investment. 5 () Capital of 5 (b) Chartering of Conversion into. 5 (i) Definition of 36 36 35 23 31 30 34 31-35 34 32 32 5 (a) 34 5 (b) Employment of as fiscal agent of Government. 5 (k) Examination of 5 (a) Exemption from taxation of 5 (h) Fiscal agent of Government.. Government preferred shares not to exceed $100,000.. 5 (8) Government preferred shares not to exceed aggregate amount all other shares. 5 (g) Income shares of, subscription of. Incorporation of.. 5 (a) Investments of 5 (c) Liquidation of 5 (d) Loans of Member of home-loan bank. 5 (f) Merger of .. 5 (d) Necessity of 5 (e) Operation of.. 5 (a) Organization of 5 (a) Purchase of income shares, limitation of 4 (n), 5 (j) 23 32 34 32 33 34 33 5 (k) 5 (i) 33 34 32 32 32 5 (c) 32 32 ili 32 32 32 32 31, 34 |