---
kind: "section"
citation: "12 U.S.C. § 1445"
title: "12"
title_heading: "Banks and Banking"
number: "1445"
heading: "Succession of Federal Home Loan Banks"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/1445"
units:
  - "Chapter 11 — Federal Home Loan Banks"
---

# §1445. Succession of Federal Home Loan Banks


Each [Federal Home Loan Bank](/usc/12/1422.md?p=1-A) shall have succession until dissolved by the [Director](/usc/12/1422.md?p=11) under this chapter or by further act of Congress.


## Source credit

(July 22, 1932, ch. 522, § 25, 47 Stat. 740; Pub. L. 101–73, title VII, § 701(b)(1), (3)(A), Aug. 9, 1989, 103 Stat. 412; Pub. L. 110–289, div. A, title II, § 1204(8), July 30, 2008, 122 Stat. 2786.)

## Notes

### Editorial Notes

### Amendments

2008—Pub. L. 110–289 substituted “the Director” for “the Board”.

1989—Pub. L. 101–73 substituted “Board” for “board”.