Source
(Pub. L. 91–351, title III, § 306, July 24, 1970, 84 Stat. 455; Pub. L. 96–153, title III, § 316(a), Dec. 21, 1979, 93 Stat. 1118; Pub. L. 97–289, § 6, Oct. 6, 1982, 96 Stat. 1232; Pub. L. 98–35, § 5, May 26, 1983, 97 Stat. 198; Pub. L. 98–440, title II, §§ 210,
211, Oct. 3, 1984, 98 Stat. 1697; Pub. L. 100–242, title IV, § 441(b), Feb. 5, 1988, 101 Stat. 1921; Pub. L. 101–73, title VII, § 731(g)–(i), Aug. 9, 1989, 103 Stat. 434; Pub. L. 102–550, title XIII, § 1382(n), Oct. 28, 1992, 106 Stat. 4005.)
References in Text
Section
1452
(c) of this title, referred to in subsec. (i), was redesignated section
1452
(d) of this title by
Pub. L. 101–73, title VII, § 731(c)(1), Aug. 9, 1989,
103 Stat. 431.
Section
1455
(c) of this title, referred to in subsec. (i), was in the original a reference to section “1316(c) of this Act”, and was translated as meaning a reference to section 306(c) of
Pub. L. 91–351, which is classified to subsec. (c) of this section, to reflect the probable intent of Congress.
Pub. L. 91–351 does not contain a section
1316.
Section
4516 of this title, referred to in subsec. (i), was in the original “section 106 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992”, and was translated as meaning section 1316 of that Act, which is classified to section
4516 of this title, to reflect the probable intent of Congress. The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 does not contain a section
106.
Amendments
1992—Subsec. (h).
Pub. L. 102–550, § 1382(n)(1), designated existing provisions as par. (1) and added par. (2).
Subsec. (i).
Pub. L. 102–550, § 1382(n)(2), substituted “sections
1452
(c) and
1455
(c) of this title and assessments pursuant to section
4516 of this title” for “section
1452
(c) or
1455
(c) of this title”.
1989—Subsec. (c).
Pub. L. 101–73, § 731(g), amended subsec. (c) generally. Prior to amendment, subsec. (c) read as follows: “The Federal home loan banks shall, to such extent as the Board of Directors may prescribe, guarantee the faithful and timely performance by the Corporation of any obligation or undertaking of the Corporation on or with respect to any security (which term as used in this sentence shall not include the capital stock referred to in section
1453 of this title).”
Subsec. (f).
Pub. L. 101–73, § 731(h), amended subsec. (f) generally. Prior to amendment, subsec. (f) read as follows: “The Corporation may have preferred stock on such terms and conditions as the Board of Directors shall prescribe. Any preferred stock shall not affect the status of the capital stock issued under section
1453 of this title as nonvoting common stock, and shall not be entitled to vote with respect to the election of any member of the Board of Directors. Such preferred stock, or any class thereof, may have such terms as would be required for listing of preferred stock on the New York Stock Exchange, except that this sentence does not apply to any preferred stock, or class thereof, the initial sale of which is made directly or indirectly by the Corporation exclusively to any Federal Home Loan Bank or Banks.”
Subsecs. (j), (k).
Pub. L. 101–73, § 731(i), added subsecs. (j) and (k).
1988—Subsec. (i).
Pub. L. 100–242 added subsec. (i).
1984—Subsec. (f).
Pub. L. 98–440, § 211, inserted provisions that preferred stock shall not be entitled to vote with respect to the election of any member of the Board of Directors and that such preferred stock, or any class thereof, may have such terms as would be required for listing of preferred stock on the New York Stock Exchange, except for any preferred stock, or class thereof, the initial sale of which is made directly or indirectly by the Corporation exclusively to any Federal Home Loan Bank or Banks.
Subsec. (h).
Pub. L. 98–440, § 210, added subsec. (h).
1983—Subsec. (g).
Pub. L. 98–35 added subsec. (g).
1982—Subsec. (f).
Pub. L. 97–289 added subsec. (f).
1979—Subsec. (e).
Pub. L. 96–153 added subsec. (e).