12 U.S.C. § 2097
Liens on stock
Each Federal land bank association shall have a first lien on the stock and participation certificates it issues, except on stock or participation certificates held by other Farm Credit System institutions, for the payment of any liability of the stockholder to the association or to the bank, or to both of them.
Notes of Decisions
Cited in 2
cases, 1979–1985 · leading case: Birbeck v. S. New England Prod. Credit Ass'n, 606 F. Supp. 1030 (D. Conn. 1985).
Birbeck v. S. New England Prod. Credit Ass'n, 606 F. Supp. 1030 (D. Conn. 1985). “§ 2033 (15), 5 and *1037 12 U.S.C. § 2097 , 6 all of which relate to the defendants’ provision of “technical assistance to borrowers, members, and applicants” including financially related services.”
Comm'r of Ins. of v. Jackson Prod. Credit Ass'n, 377 So. 2d 1047 (Miss. 1979). “12 U.S.C. § 2097 . The Board of Directors of the Fifth Farm Credit District, the district in which Mississippi is located, determined that legal authority exists and adopted the findings necessary to allow production credit associations in Mississippi to write property and…”
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