12 U.S.C.

United States Code, 2010 Edition

Title 12 - BANKS AND BANKING

CHAPTER 7 - FARM CREDIT ADMINISTRATION

SUBCHAPTER III - FEDERAL INTERMEDIATE CREDIT BANKS

Tax Exemption

From the U.S. Government Publishing Office, www.gpo.gov


### Tax Exemption

### §1111. Repealed. Pub. L. 92–181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624

Section, act July 17, 1916, ch. 245, title II, §210, as added Mar. 4, 1923, ch. 252, title I, §2, 42 Stat. 1459, set out a tax exemption for capital and income of intermediate credit banks and provided that their debentures be deemed instrumentalities of the government. See section 2079 of this title.