The Federal Home Loan Bank Act, as Amended: Home Owners' Loan Act of 1933, as Amended and the Act Providing for the Insurance of Savings and Loan Acounts, as Amended. March 28, 1941U.S. Government Printing Office, 1941 - 81 pages |
From inside the book
Results 1-5 of 17
Page 3
... prescribe , be eligible to become a member . " SEC . 5. No institution shall be admitted to or retained in member- ship , or granted the privileges of nonmember borrowers , if the com- bined total of the amounts paid to it for interest ...
... prescribe , be eligible to become a member . " SEC . 5. No institution shall be admitted to or retained in member- ship , or granted the privileges of nonmember borrowers , if the com- bined total of the amounts paid to it for interest ...
Page 9
... prescribe . ADVANCES TO MEMBERS SEC . 10. ( a ) Each Federal Home Loan Bank is authorized to make advances to its members , upon the security of home mortgages , or obligations of the United States , or obligations fully guaranteed by ...
... prescribe . ADVANCES TO MEMBERS SEC . 10. ( a ) Each Federal Home Loan Bank is authorized to make advances to its members , upon the security of home mortgages , or obligations of the United States , or obligations fully guaranteed by ...
Page 10
... prescribe . Any such advance shall be subject to the following limitations as to amount : " ( 1 ) If secured by a home mortgage given in respect of an amortized home mortgage loan which was for an original term of eight years or more ...
... prescribe . Any such advance shall be subject to the following limitations as to amount : " ( 1 ) If secured by a home mortgage given in respect of an amortized home mortgage loan which was for an original term of eight years or more ...
Page 12
... prescribe . No such debentures shall be issued at any time if any of the assets of any Federal Home Loan Bank are pledged to secure any debts or subject to any lien , and neither the board nor any Federal Home Loan Bank shall have power ...
... prescribe . No such debentures shall be issued at any time if any of the assets of any Federal Home Loan Bank are pledged to secure any debts or subject to any lien , and neither the board nor any Federal Home Loan Bank shall have power ...
Page 13
... prescribe , and ( 4 ) advances with a maturity of not to exceed one year which are made to members or nonmember borrowers whose creditor liabilities ( not including advances from the Federal Home Loan Bank ) do not exceed 5 per centum ...
... prescribe , and ( 4 ) advances with a maturity of not to exceed one year which are made to members or nonmember borrowers whose creditor liabilities ( not including advances from the Federal Home Loan Bank ) do not exceed 5 per centum ...
Common terms and phrases
Act 48 Stat Act to Guarantee Act to Provide added by sec Additional Home-Mortgage Relief amended by sec appointed approved assets bonds issued capital stock Cash advances centum certificate Corporation 48 Stat counterfeited debentures deposits directors district dividends eligible exceed exempt Federal Home Loan Federal Loan Administrator Federal Reserve Federal Reserve Act Federal savings fee simple funds gift taxes Guarantee the Bonds Home Loan Bank home mortgage loan Home Owners Home-Mortgage Relief 49 Housing Act 48 insured accounts insured institution insured members investment laws lien Liquidation Loan Act loan associations Loan Bank Act Loan Bank Board Loan Corporation 48 Loan Insurance Corporation member or nonmember National Housing Act nonmember borrower obligations officer organization certificate paid payment penalty Provide Additional Home-Mortgage purchase purposes real estate receipts Reconstruction Finance Corporation Relief 49 Stat repurchase agreements retirement savings and loan Secretary taxation taxes thereof tion Treasury United unpaid principal
Popular passages
Page 2 - ... means such classes of first liens as are commonly given to secure advances on, or the unpaid purchase price of, real estate, under the laws of the State In which the real estate Is located, together with the credit instruments, if any, secured thereby.
Page 41 - The Corporation, including its franchise, capital, reserves, surplus, and income, shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 52 - Houses thereof, with intent to influence his decision or action on any question, matter, cause, or proceeding which may at any time be pending, or which may by law be brought before him in his official capacity, or in his place of trust or profit...
Page 14 - ... (4) may adopt, amend, and repeal bylaws, rules, and regulations governing the manner in which its business may be conducted and the powers vested in it may be exercised...
Page 15 - ... income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency or possession thereof, or by any State, county, municipality or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent, according to its value, as other real property is taxed.
Page 25 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security, for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 15 - Corporation shall be exempt, both as to principal and interest, from all taxation now or hereafter imposed by the United States, any State, or any of the possessions of the United States...
Page 25 - Any and all notes, debentures, bonds, or other such obligations issued by the corporation shall be exempt both as to principal and interest from all taxation...
Page 53 - ... shall be fined not more than ten thousand dollars and imprisoned not more than two years; and shall, moreover, thereafter be incapable of holding any office of honor, trust, or profit under the Government of the United States.
Page 54 - ... shall file with the obligee, at any time after a default in the performance of any contract subject to said Acts, the application and affidavit therein provided, the obligee shall not deliver to the obligor the deposited bonds...