12 U.S.C. § 1429
Section 1429 · Eligibility to secure advances
Amended 3 times on record
Applied in 5 court decisions — leading case Fidelity Financial Corp. v. Federal Home Loan Bank of San Francisco (1986)
Most recently applied in Fidelity Financial Corp. v. Federal Home Loan Bank of San Francisco (June 1986)
How often courts cite this section
Court decisions citing this, by year.Markers show enactment, consequential amendments, and circuit splits over this section — watch for a citation surge after a change or a disagreement. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Any member of a Federal Home Loan Bank shall be entitled to apply in writing for advances. Such application shall be in such form as shall be required by the Federal Home Loan Bank. Such Federal Home Loan Bank may at its discretion deny any such application, or may grant it on such conditions as the Federal Home Loan Bank may prescribe.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Amendments
1999—Pub. L. 106–102 struck out “with the approval of the Board” after “Federal Home Loan Bank” in second sentence and struck out “, subject to the approval of the Board,” after “deny any such application, or” in third sentence.
1989—Pub. L. 101–73, §710(a), struck out “or nonmember borrower” after “Any member”.
Pub. L. 101–73, §701(b)(1), (3)(A), substituted “Board” for “board” wherever appearing.