---
kind: "section"
citation: "12 U.S.C. § 1245"
title: "12"
title_heading: "Banks and Banking"
number: "1245"
heading: "Repealed. June 25, 1948, ch. 645, § 21, 62 Stat. 862, eff. Sept. 1, 1948"
status: "repealed"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/1245"
units:
  - "Chapter 9 — National Agricultural Credit Corporations"
---

# [§1245. Repealed. June 25, 1948, ch. 645, § 21, 62 Stat. 862, eff. Sept. 1, 1948 — repealed]



## Notes

Section, act Mar. 4, 1923, ch. 252, title II, § 209(e), 42 Stat. 1468, related to loans and gratuities to examiners.