12 U.S.C. · Banks and Banking
12 U.S.C. § 2282

Definitions

Ch. 24 — FEDERAL FINANCING BANK
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 24
Statutory Text

12 U.S.C. § 2282 — Definitions

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 24 - FEDERAL FINANCING BANK Sec. 2282 - Definitions From the U.S. Government Publishing Office, www.gpo.gov

§2282. Definitions

For the purposes of this chapter— (1) The term "Federal agency" means an executive department, an independent Federal establishment, or a corporation or other entity established by the Congress which is owned in whole or in part by the United States. (2) The term "obligation" means any note, bond, debenture, or other evidence of indebtedness, but does not include Federal Reserve notes or stock evidencing an ownership interest in the issuing Federal agency. (3) The term "guarantee" means any guarantee, insurance, or other pledge with respect to the payment of all or part of the principal or interest on any obligation, but does not include the insurance of deposits, shares, or other withdrawable accounts in financial institutions, or any guarantee or pledge arising out of a statutory obligation to insure such deposits, shares, or other withdrawable accounts. (4) The term "Bank" means the Federal Financing Bank established by section 2283 of this title.

(Pub. L. 93–224, §3, Dec. 29, 1973, 87 Stat. 937.)

Source: uscode.house.gov — public domain Official Source ↗
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Federation ID
BS-USC12-SEC-6EE4FA
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
12 U.S.C. § 2282
Jurisdiction
Federal — United States
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PRIMARY-SOURCE
Source Verified
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160668630aa51662...
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The statutory text of 12 U.S.C. § 2282 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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