On the establishment of the consolidated bank, ownership interests of the stockholders and subscribers to the guaranty funds of the constituent district banks for cooperatives (including stock, participation certificates, and allocated equities) shall be exchanged for like ownership interests in the consolidated bank on a book value basis.
(Pub. L. 92–181, title III, §3.24, as added Pub. L. 100–233, title IV, §415(2), Jan. 6, 1988, 101 Stat. 1644.)
Sections: Previous 2132 2133 2134 2141 2142 2143 2144 2145 2146 2147 2148 2149 2149a 2151 2153 Next
Last modified: October 26, 2015