TITLE 12 - US CODE - SUBCHAPTER IIA - FEDERAL FARM MORTGAGE CORPORATION

1020 to 1020a1. Repealed. Pub. L. 87353, 3(a), (v), Oct. 4, 1961, 75 Stat. 773, 774

Section 1020, act Jan. 31, 1934, ch. 7, 1, 48 Stat. 344, provided for establishment of Federal Farm Mortgage Corporation, and for board of directors, bylaws, regulations and employment of officers and employees. Section 1020a, act Jan. 31, 1934, ch. 7, 2, 48 Stat. 345, related to period of succession of Federal Farm Mortgage Corporation, its powers, free use of mails and use of Government facilities. Section 1020a–1, act Sept. 21, 1944, ch. 412, title VI, 603, 58 Stat. 741, provided for treatment of capital investment expenditures as nonadministrative expenses.

1020a2, 1020a3. Omitted

1020b, 1020c. Repealed. Pub. L. 87353, 3(a), Oct. 4, 1961, 75 Stat. 773

Section 1020b, acts Jan. 31, 1934, ch. 7, 3, 48 Stat. 345; June 25, 1940, ch. 427, 4, 54 Stat. 573; June 30, 1945, ch. 204, 14, 59 Stat. 269; July 12, 1946, ch. 570, 2, 60 Stat. 532, prescribed the capital of the Federal Farm Mortgage Corporation to be in the sum of $200,000,000 and provided for subscription by the United States and repayment by the Corporation. Section 1020c, acts Jan. 31, 1934, ch. 7, 4(a), 48 Stat. 345; Apr. 27, 1934, ch. 168, 14, 48 Stat. 647, authorized the issuance of bonds not exceeding $2,000,000,000 at any one time and provided for purchase and sale by United States and exchange of such bonds for consolidated farm loan bonds.

12 USC 1020c1 - Omitted

1020d to 1020h. Repealed. Pub. L. 87353, 3(a), Oct. 4, 1961, 75 Stat. 773

Section 1020d, acts Jan. 31, 1934, ch. 7, 4(b), 48 Stat. 346; Aug. 19, 1937, ch. 704, 2, 4, 50 Stat. 703; June 30, 1945, ch. 204, 15, 59 Stat. 269, provided for the purchase of consolidated farm loan bonds, loans to Federal and joint-stock land banks, investment in mortgages, extensions, and sale and assignment of notes and mortgages. Section 1020e, act Jan. 31, 1934, ch. 7, 4(c), 48 Stat. 346, related to preparation of bonds. Section 1020f, acts Jan. 31, 1934, ch. 7, 12, 48 Stat. 347; Feb. 26, 1934, ch. 33, 48 Stat. 360, provided for exemptions from taxation. Sections 1020g, 1020h, act Jan. 31, 1934, ch. 7, 17, 18, 48 Stat. 348, 349, related to the severability clause and reservation of right to amend, and short title, respectively.