---
kind: "unit"
title: "12"
title_heading: "Banks and Banking"
key: "ch11"
level: "chapter"
label: "Chapter 11"
heading: "Federal Home Loan Banks"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/ch11"
sections_count: 44
---

# Chapter 11 — Federal Home Loan Banks

Title 12 — Banks and Banking

## Sections

- [§1421. Short title](/usc/12/1421.md)
- [§1422. Definitions](/usc/12/1422.md)
- [§1422b. Repealed.](/usc/12/1422b.md)
- [§1423. Federal Home Loan Bank districts; number and boundaries; establishment of Federal Home Loan Banks; names](/usc/12/1423.md)
- [§1424. Eligibility for membership](/usc/12/1424.md)
- [§1425...1425b. Repealed.](/usc/12/1425...1425b.md)
- [§1426. Capital structure of Federal home loan banks](/usc/12/1426.md)
- [§1426a. Exclusion from certain requirements](/usc/12/1426a.md)
- [§1427. Directors](/usc/12/1427.md)
- [§1428. Examination of State laws, regulations, and procedures; studies of values, etc.](/usc/12/1428.md)
- [§1428a. Repealed.](/usc/12/1428a.md)
- [§1429. Eligibility to secure advances](/usc/12/1429.md)
- [§1430. Advances to members](/usc/12/1430.md)
- [§1430a. Omitted](/usc/12/1430a.md)
- [§1430b. Advances to nonmember mortgagee; terms and conditions](/usc/12/1430b.md)
- [§1430c. Housing goals](/usc/12/1430c.md)
- [§1431. Powers and duties of banks](/usc/12/1431.md)
- [§1432. Incorporation of banks; corporate powers; housing project loans](/usc/12/1432.md)
- [§1433. Exemption from taxation; obligations acceptable as credit on debt of home owner](/usc/12/1433.md)
- [§1434. Depositaries of public money; financial agents](/usc/12/1434.md)
- [§1435. Obligations as lawful investments; liability of United States for debentures, etc., issued by banks](/usc/12/1435.md)
- [§1436. Reserves and dividends; emergency suspensions of requirements](/usc/12/1436.md)
- [§1437. Repealed.](/usc/12/1437.md)
- [§1438. Omitted](/usc/12/1438.md)
- [§1438a. Nonadministrative expenses; expenses of studies and investigations](/usc/12/1438a.md)
- [§1439–1. Repealed.](/usc/12/1439-1.md)
- [§1439a. Deposits in special fund; availability for all purposes of Federal Home Loan Bank Board and Federal Home Loan Bank Administration](/usc/12/1439a.md)
- [§1440. Examinations and audits](/usc/12/1440.md)
- [§1440a. Sharing of information among Federal Home Loan Banks](/usc/12/1440a.md)
- [§1441. Financing Corporation](/usc/12/1441.md)
- [§1441a. Repealed.](/usc/12/1441a.md)
- [§1441a–1. Definitions](/usc/12/1441a-1.md)
- [§1441a–2. Authorization for State housing finance agencies and nonprofit entities to purchase mortgage-related assets](/usc/12/1441a-2.md)
- [§1441a–3. RTC and FDIC properties](/usc/12/1441a-3.md)
- [§1441b. Resolution Funding Corporation established](/usc/12/1441b.md)
- [§1442. Member financial information](/usc/12/1442.md)
- [§1442a. Repealed.](/usc/12/1442a.md)
- [§1443. Forms of bank stock and obligations](/usc/12/1443.md)
- [§1444. Eligibility to membership in banks](/usc/12/1444.md)
- [§1445. Succession of Federal Home Loan Banks](/usc/12/1445.md)
- [§1446. Liquidation or reorganization; acquisition of assets by other banks; assumption of liabilities](/usc/12/1446.md)
- [§1447. Repealed.](/usc/12/1447.md)
- [§1448. Effect of partial invalidity of chapter](/usc/12/1448.md)
- [§1449. Reservation of right to amend or repeal chapter](/usc/12/1449.md)