15 USC 78oo - Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, Federal Home Loan Banks
(a) Federal National Mortgage Association and Federal Home Loan Mortgage Corporation
No class of equity securities of the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation shall be treated as an exempted security for purposes of section 78l, 78m, 78n, or 78p of this title.
No class of equity securities of the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation shall be treated as an exempted security for purposes of section 78l, 78m, 78n, or 78p of this title.
(b) Federal Home Loan Banks
(1) Registration
Each Federal Home Loan Bank shall register a class of its common stock under section 78l (g) of this title, not later than 120 days after July 30, 2008, and shall thereafter maintain such registration and be treated for purposes of this chapter as an issuer, the securities of which are required to be registered under section 78l of this title, regardless of the number of members holding such stock at any given time.
Each Federal Home Loan Bank shall register a class of its common stock under section 78l (g) of this title, not later than 120 days after July 30, 2008, and shall thereafter maintain such registration and be treated for purposes of this chapter as an issuer, the securities of which are required to be registered under section 78l of this title, regardless of the number of members holding such stock at any given time.
(c) Definitions
For purposes of this section, the following definitions shall apply:
For purposes of this section, the following definitions shall apply:
(1) Federal Home Loan Bank; member
The terms Federal Home Loan Bank and member, have the same meanings as in section 1422 of title 12.
The terms Federal Home Loan Bank and member, have the same meanings as in section 1422 of title 12.