12 USC 931: Repealed. Pub. L. 92-181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624
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12 USC 931: Repealed. Pub. L. 92-181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624 Text contains those laws in effect on July 17, 2024
From Title 12-BANKS AND BANKINGCHAPTER 7-FARM CREDIT ADMINISTRATIONSUBCHAPTER I-FEDERAL LAND BANKS, JOINT-STOCK LAND BANKS, AND FEDERAL LAND BANK ASSOCIATIONSExemption From Taxation

§931. Repealed. Pub. L. 92–181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624

Section, acts July 17, 1916, ch. 245, title I, §26, 39 Stat. 380 ; Aug. 18, 1959, Pub. L. 86–168, title I, §104(h), 73 Stat. 387 , exempted land banks and land bank associations from taxation and directed that mortgages and bonds be deemed instrumentalities of government. See section 2055 of this title.