12 U.S.C. 1430: Advances to members

2008

• Pub. L. 110–289, §1211(b)(1), struck out "and" before "small agri-businesses" and inserted ", and community development activities" before period at end. (Housing and Economic Recovery Act of 2008) Law text · (a)
• Pub. L. 110–289, §1211(b)(2), inserted "or community development activities" after "agriculture,". (Housing and Economic Recovery Act of 2008) Law text · (a)
• Pub. L. 110–289, §1204(9), substituted "The Director" for "The Board". (Housing and Economic Recovery Act of 2008) Law text · (a)
• Pub. L. 110–289, §1211(b)(3), struck out "and" before " 'small agri-business' " and inserted ", and 'community development activities' " before "shall". (Housing and Economic Recovery Act of 2008) Law text · (a)
• Pub. L. 110–289, §1204(10), substituted "the Director" for "the Finance Board". (Housing and Economic Recovery Act of 2008) Law text · (a)
• Pub. L. 110–289, §1204(5), (8), substituted "approval of Director" for "formal Board resolution" in heading and substituted "the Director" for "the Board" and struck out "by formal resolution" before "such acceptance" in text. (Housing and Economic Recovery Act of 2008) Law text · (b)
• Pub. L. 110–289, §1204(8), substituted "the Director" for "the Board". (Housing and Economic Recovery Act of 2008) Law text · (g), (j)
• Pub. L. 110–289, §1218, added subpar. (C). (Housing and Economic Recovery Act of 2008) Law text · (j)
• Pub. L. 110–289, §1204(12), substituted "Director" for "Federal Housing Finance Board". (Housing and Economic Recovery Act of 2008) Law text · (j), (B)
• Pub. L. 110–289, §1204(9), substituted "The Director" for "The Board". (Housing and Economic Recovery Act of 2008) Law text · (j)
• Pub. L. 110–289, §1204(8), substituted "the Director" for "the Board". (Housing and Economic Recovery Act of 2008) Law text · (j)
• Pub. L. 110–289, §1204(9), substituted "The Director" for "The Board". (Housing and Economic Recovery Act of 2008) Law text · (j)
• Pub. L. 110–289, §1204(12), substituted "Director" for "Federal Housing Finance Board". (Housing and Economic Recovery Act of 2008) Law text · (j)
• Pub. L. 110–289, §1204(8), substituted "the Director" for "the Board" in two places. (Housing and Economic Recovery Act of 2008) Law text · (j)
• Pub. L. 110–289, §1204(12), substituted "Director" for "Federal Housing Finance Board" in introductory provisions. (Housing and Economic Recovery Act of 2008) Law text · (j)
• Pub. L. 110–289, §1204(8), (9), substituted "the Director" for "the Board" and "The Director" for "The Board" wherever appearing. (Housing and Economic Recovery Act of 2008) Law text · (j)
• Pub. L. 110–289, §1212(1), added subpars. (C) and (D) and struck out former subpar. (C) which read as follows: "The Comptroller General of the United States shall audit and evaluate the Affordable Housing Program established by this subsection after such program has been op… (Housing and Economic Recovery Act of 2008) Law text · (j), (D)
• Pub. L. 110–289, §1212(2), added subsec. (k). (Housing and Economic Recovery Act of 2008) Law text · (k)

1999

• Pub. L. 106–102, §604(b), amended section catchline generally. (Gramm-Leach-Bliley Act) Law text
• Pub. L. 106–102, §604(a), inserted heading, designated first sentence of introductory provisions as par. (1) and inserted heading, substituted par. (2) for former second sentence of introductory provisions which read as follows: "All long-term advances shall only be made for the purpos… (Gramm-Leach-Bliley Act) Law text · (a)
• Pub. L. 106–102, §606(f)(2)(A), substituted "Federal home loan bank" for "Board" before "may approve or determine" and struck out at end "At no time shall the aggregate outstanding advances made by any Federal Home Loan Bank to any member exceed twenty times the amounts paid in by such… (Gramm-Leach-Bliley Act) Law text · (c)
• Pub. L. 106–102, §606(f)(2)(B), struck out "and the approval of the Board" after "requirements of the bank" in first sentence and substituted "Any" for "Subject to the approval of the Board, any" in third sentence. (Gramm-Leach-Bliley Act) Law text · (d)
• Pub. L. 106–102, §604(c), struck out subsec. (e) relating to qualified thrift lender status. (Gramm-Leach-Bliley Act) Law text · (e)

1992

• Pub. L. 102–550 added sentence at end and struck out former second sentence which read as follows: "The aggregate amount of any Bank's advances to members that are not qualified thrift lenders shall not exceed 30 percent of a Bank's total advances." · (e)

1989

• Pub. L. 101–73, §714(a), substituted "upon collateral sufficient, in the judgment of the Bank, to fully secure advances obtained from the Bank under this section or section 1431(g) of this title. All long-term advances shall only be made for the purpose of providing funds for residenti… · (a)
• Pub. L. 101–73, §701(b)(1), (3)(A), substituted "Board" for "board". · (b)
• Pub. L. 101–73, §710(b)(4), (5), struck out "or nonmember borrower" after "obligation of the member", and ", or made to a nonmember borrower" after "stock held by it". · (c)
• Pub. L. 101–73, §701(b)(1), (3)(A), substituted "Board" for "board". · (c)
• Pub. L. 101–73, §701(b)(1), (3)(A), substituted "Board" for "board" wherever appearing. · (d)
• Pub. L. 101–73, §714(b), which directed the general amendment of subsec. (e), was executed to the subsec. (e) added by section 105 of Pub. L. 100–86, as the probable intent of Congress. As thus executed, the amendment substituted provisions relating to qualified thrift lender status fo… · (e)
• Pub. L. 101–73, §710(c), added subsec. (g). · (g)
• Pub. L. 101–73, §714(c), added subsec. (h). · (h)
• Pub. L. 101–73, §721, added subsecs. (i) and (j). · (i), (j)

1987

• Pub. L. 100–86, §306(d), added subsec. (e) relating to priority of certain secured interests. · (e)
• Pub. L. 100–86, §105, added subsec. (e) relating to reduced eligibility for advances for certain members which are not qualified thrift lenders. · (e)

1982

• Pub. L. 97–320, §352(1), as amended by Pub. L. 97–457, amended subsec. (a) generally. Prior to amendment subsec. (a) read as follows: "Each Federal Home Loan Bank is authorized to make advances to its members upon the security of home mortgages, or obligations of the United States, or … · (a)
• Pub. L. 97–320, §352(2), struck out provisions relating to acceptance of home mortgages as collateral security for advances by a Home Loan Bank. · (b)
• Pub. L. 97–320, §352(3), substituted "twenty" for "twelve" wherever appearing. · (c)

1977

• Pub. L. 95–128 substituted prohibition against acceptance of a home mortgage as collateral security for an advance by a Federal Home Loan Bank if, at the time the advance is made, the home mortgage exceeds a sum equal to the dollar limitation under the first proviso of the first senten… · (b)

1974

• Pub. L. 93–449 substituted provisions limiting the home mortgage to a sum not to exceed $55,000, except with respect to dwellings in Alaska, Guam, etc., for provisions limiting the home mortgage to a sum not to exceed $40,000. · (b)

1964

• Pub. L. 88–560 substituted "thirty" for "twenty-five" in cl. (1) and "$40,000" for "$35,000" in cl. (2). · (b)

1962

• Pub. L. 87–779 substituted "exceeds a sum equal to $35,000 for each home or other dwelling unit covered by such mortgage" for "exceeds $35,000". · (b)

1958

• Pub. L. 85–857 inserted "chapter 37 of title 38," after "Servicemen's Readjustment Act of 1944, as amended,". · (b)