insured System bank
Defined in 1 place of the United States Code.
As used in this section, the terms "insured System bank" and "bank" include each production credit association and other association making direct loans under the authority provided under section 2279b of this title.
Source
- 1994–present12 U.S.C. § 2277ABanks and Banking · Powers of Corporation with respect to troubled insured System banks · as used in this section
The term “insured System bank” means any System bank whose participation in notes, bonds, debentures, and other obligations issued under subsection (c) or (d) of section 2153 of this title is insured under this part.
Source
- 1994–present12 U.S.C. § 2277ABanks and Banking · Definitions · as used in this part