12 U.S.C. § 1723c
Obligations, participations, or other instruments as lawful investments; acceptance as security; exempt securities
All obligations, participations, or other instruments issued by either of the bodies corporate named in section 1717(a)(2) of this title shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority and control of the United States or any officer or officers thereof. All stock, obligations, securities, participations, or other instruments issued pursuant to this subchapter shall, to the same extent as securities which are direct obligations of or obligations guaranteed as to principal or interest by the United States, be deemed to be exempt securities within the meaning of laws administered by the Securities and Exchange Commission.
Notes of Decisions
Cited in 5
cases, 1973–2010 · leading case: Manchester Band of Pomo Indians, Inc. v. United States, 363 F. Supp. 1238 (N.D. Cal. 1973).
Manchester Band of Pomo Indians, Inc. v. United States, 363 F. Supp. 1238 (N.D. Cal. 1973). “§ 713a-4); and (4) obligations issued by the Government National Mortgage Association and the Federal National Mortgage Association (12 U.S.C. § 1723c). Items 1, 2 and 4 are not obligations expressly guaranteed as to principal and interest by the United States, and for this…”
Cheyenne-Arapaho Tribes of Indians of Oklahoma v. United States, 206 Ct. Cl. 340 (Ct. Cl. 1975). “All other obligations, participations, or other instruments of the Federal National Mortgage Association by authorization in 12 U.S.C. § 1723c (1964). 4. Debentures of the Federal Housing Administration issued pursuant to 12 U.”
Griffin v. Capital Sec. of Am., Inc., 298 P.3d 970 (Colo. Ct. App. 2010). “We decline to address Capital Securities’ arguments based on the FNMA, 12 U.S.C. § 1723c, because Jefferson County does not cross-appeal the trial court's denial of relief related to this statute.”
Davidson v. Dean Witter Reynolds, Inc., 478 F. Supp. 494 (D. Colo. 1979). “As to the former, also see 12 U.S.C. § 1723c. In addition, while there are some exceptions to certain exempt status, Section 12(2) of the 1933 Securities Act, 15 U.”
Transactions Between the Fed. Fin. Bank & the Dep't of the Treasury (OLC 1996). “§ 7 13 a-4 (bonds, notes, o r debentures issued by the Commodity Credit Corporation); 12 U.S.C. § 1723c (obli gations of the Federal National Mortgage Association); 12 U.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.