12 U.S.C. § 2145Chapter 23
§2145. Exchange of ownership interests
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Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§2145. Exchange of ownership interests
On the establishment of the consolidated bank, ownership interests of the stockholders and subscribers to the guaranty funds of the constituent district banks for cooperatives (including stock, participation certificates, and allocated equities) shall be exchanged for like ownership interests in the consolidated bank on a book value basis.
Last amended: December 31, 2024
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