§2153. Power to borrow; issuance of notes, bonds, debentures, and other obligations — Inbound Citations
12 U.S.C. § 2153
Cited by 6 provisions in release 119-102.
Citations to 12 U.S.C. § 2153 as a whole
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(A) the Secretary of the Treasury concerning the exercise, by the System, of the powers conferred under section 2153 of this title;
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(4) Approve the issuance of obligations of the System under subsections (c) and (d) of section 2153 of this title for the purpose of funding the authorized operations of the institutions of the System, and prescribe collateral therefor.
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(3) The term “insured obligation” means any note, bond, debenture, or other obligation issued under subsection (c) or (d) of section 2153 of this title—(A) on or before January 5, 1989, on behalf of any System bank; and(B) after such date, which, when issued, is issued on behalf of any insured System bank.
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(4) The term “insured System bank” means any System bank whose participation in notes, bonds, debentures, and other obligations issued under subsection (c) or (d) of section 2153 of this title is insured under this part.
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There is hereby established the Farm Credit System Insurance Corporation which shall insure, in accordance with this part, the timely payment of principal and interest on notes, bonds, debentures, and other obligations issued under subsection (c) or (d) of section 2153 of this title on behalf of one or more System banks all of which are entitled to the benefits of insurance under this part.
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(I) section 2155 of this title on consolidated and System-wide bonds issued under subsection (c) or (d) of section 2153 of this title; or