---
kind: "section"
citation: "12 U.S.C. § 2279a–2"
title: "12"
title_heading: "Banks and Banking"
number: "2279a–2"
heading: "Powers of merged banks"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/2279a-2"
units:
  - "Chapter 23 — Farm Credit System"
  - "Subchapter VII — Restructuring of System Institutions"
  - "Part A — Merger of Banks Within a District"
---

# §2279a–2. Powers of merged banks

- (a) **In general—** Except as otherwise provided in this subchapter, a merged bank shall have all of the powers granted to, and shall be subject to all of the obligations imposed on, any of the constituent entities of the merged bank.
- (b) **Regulations—** The Farm [Credit](/usc/12/5481.md?p=7) Administration shall issue regulations that establish the manner in which the powers and obligations of the banks that form the merged bank are consolidated, and to the extent necessary, reconciled in the merged bank.

## Source credit

(Pub. L. 92–181, title VII, § 7.2, as added Pub. L. 100–233, title IV, § 416, Jan. 6, 1988, 101 Stat. 1645.)