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The law › Title 12, Banks and Banking › Chapter 11A

12 U.S.C. 1455: Obligations and securities of the Corporation

Created in 1970 by Public Law 91-351. Changed by 9 later laws. No bill we track in this Congress changes it.

3 other sections of the Code cite this one, including 12 U.S.C. 1431, 12 U.S.C. 1436, 12 U.S.C. 1452.

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2010

    • Pub. L. 111–203 added subpar. (C) and redesignated former subpar. (C) as (D). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (l), (D)

    2008

    • Pub. L. 110–289, §1161(c)(2)(A), inserted "the" after "Secretary of". (Housing and Economic Recovery Act of 2008) Law text · (c)
    • Pub. L. 110–289, §1161(c)(2)(B)(ii), made technical amendment to reference in original act which appears in text as reference to section 4516 of this title. (Housing and Economic Recovery Act of 2008) Law text · (i)
    • Pub. L. 110–289, §1161(c)(2)(B)(i), made technical amendment to reference in original act which appears in text as reference to section 1455(c) of this title. Amendment was given effect, notwithstanding error in directory language which directed substitution of "section 306(c)" for "section 1316(c)… (Housing and Economic Recovery Act of 2008) Law text · (i)
    • Pub. L. 110–289, §1161(c)(2)(C), substituted "or substantially" for "of substantially". (Housing and Economic Recovery Act of 2008) Law text · (j)
    • Pub. L. 110–289, §1117(b), added subsec. (l). (Housing and Economic Recovery Act of 2008) Law text · (l)

    1992

    • Pub. L. 102–550, §1382(n)(1), designated existing provisions as par. (1) and added par. (2). · (h)
    • Pub. L. 102–550, §1382(n)(2), substituted "sections 1452(c) and 1455(c) of this title and assessments pursuant to section 4516 of this title" for "section 1452(c) or 1455(c) of this title". · (i)

    1989

    • Pub. L. 101–73, §731(g), amended subsec. (c) generally. Prior to amendment, subsec. (c) read as follows: "The Federal home loan banks shall, to such extent as the Board of Directors may prescribe, guarantee the faithful and timely performance by the Corporation of any obligation or und… · (c)
    • Pub. L. 101–73, §731(h), amended subsec. (f) generally. Prior to amendment, subsec. (f) read as follows: "The Corporation may have preferred stock on such terms and conditions as the Board of Directors shall prescribe. Any preferred stock shall not affect the status of the capital stoc… · (f)
    • Pub. L. 101–73, §731(i), added subsecs. (j) and (k). · (j), (k)

    1988

    • Pub. L. 100–242 added subsec. (i). · (i)

    1984

    • Pub. L. 98–440, §211, inserted provisions that preferred stock shall not be entitled to vote with respect to the election of any member of the Board of Directors and that such preferred stock, or any class thereof, may have such terms as would be required for listing of preferred stock… · (f)
    • Pub. L. 98–440, §210, added subsec. (h). · (h)

    1983

    • Pub. L. 98–35 added subsec. (g). · (g)

    1982

    • Pub. L. 97–289 added subsec. (f). · (f)

    1979

    • Pub. L. 96–153 added subsec. (e). · (e)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.