12 U.S.C. § 701
Section 701 · Repealed. Pub. L. 92181, title V, 5.26(a), Dec. 10, 1971, 85 Stat. 624
Applied in 5 court decisions — leading case First Federal Savings & Loan Ass'n v. Loomis (1938)
Most recently applied in Federal Land Bank v. Bismarck Lumber Co. (March 1941)
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.
Section, act July 17, 1916, ch. 245, title I, 6, 39 Stat. 365, covered land banks as government depositaries and agents. See section 2012 of this title.