WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 23

12 U.S.C. 2279aa-12: Securities in credit enhanced pools

Created in 1988 by Public Law 92-181. Changed by 2 later laws. No bill we track in this Congress changes it.

4 parts of federal rules cite it as their authority, written by Farm Credit Administration (4).

This Congress

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

    How it got here

    1996

    • Pub. L. 104–105 added subsec. (d) and struck out heading and text of former subsec. (d). Text read as follows: "Any provision of the constitution or law of any State which expressly limits the rate or amount of interest, discount points, finance charges, or other charges that may be ch… (Farm Credit System Reform Act of 1996) Law text · (d)

    1988

    • Pub. L. 100–399, §601(k), inserted ", or obligations backed by," before "a pool". · (a)
    • Pub. L. 100–399, §601(l), substituted "date of the enactment" for "effective date" both of which for purposes of codification was translated as "January 6, 1988,". · (b)

    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.