12 U.S.C. § 761
Repealed. Pub. L. 92–181, title V, § 5.26(a), Dec. 10, 1971, 85 Stat. 624
[repealed]
Notes of Decisions
Cited in 4
cases, 1932–1984 · leading case: Fed. Land Bank of New Orleans v. Jones, 456 So. 2d 1 (Ala. 1984).
Fed. Land Bank of New Orleans v. Jones, 456 So. 2d 1 (Ala. 1984). “12 USCA § 761 . "When the loan is effected the borrower becomes a shareholder in the association, and the association a shareholder in the bank.”
Greene Cnty. Nat. Farm Loan Ass'n v. Fed. Land Bank, 152 F.2d 215 (6th Cir. 1945). “12 U.S.C.A. §§ 761 , 771, 773, 781, 791. The profit-making motive is subordinated to the rendition of an effective long-term mortgage credit service to farmers at the lowest possible cost.”
Gantt v. Gunter, 145 So. 146 (Ala. 1932). “12 USCA § 761. When the loan is effected the borrower becomes a shareholder in the association, and the associátioii'a shareholder in the bank.”
Fed. Land Bank v. Miles Nat. Farm Loan Ass'n, 139 F.2d 422 (5th Cir. 1943). “to Section 11 a fifth paragraph, 12 U.S.C.A. § 761 (5): “Whenever a Federal land bank shall have empowered any national farm loan association of its district to collect and pay over to said bank the dues, interest, and amortization installments * * * from its shareholders, such…”
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