---
kind: "section"
citation: "12 U.S.C. § 2157"
title: "12"
title_heading: "Banks and Banking"
number: "2157"
heading: "Bonds as investments"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/2157"
units:
  - "Chapter 23 — Farm Credit System"
  - "Subchapter IV — Provisions Applicable to Two or More Classes of Institutions of the System"
  - "Part A — Funding"
---

# §2157. Bonds as investments


The bonds, debentures, and other similar obligations issued under the authority of this chapter shall be lawful investments for all fiduciary and trust funds and may be accepted as security for all public deposits.


## Source credit

(Pub. L. 92–181, title IV, § 4.6, Dec. 10, 1971, 85 Stat. 612.)