12 USC 2278a-11: Exemption from taxation
Result 1 of 1
   
 
<< Previous   TITLE 12 / CHAPTER 23 / SUBCHAPTER VI / Part A / § 2278a-11   Next >>
 
12 USC 2278a-11: Exemption from taxation Text contains those laws in effect on January 15, 2013
From Title 12-BANKS AND BANKINGCHAPTER 23-FARM CREDIT SYSTEMSUBCHAPTER VI-ASSISTANCE TO FARM CREDIT SYSTEMPart A-Assistance Board
Jump To: Source Credit

§2278a–11. Exemption from taxation

The Assistance Board, the capital, reserves, and surplus thereof, and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes on real estate held by the Assistance Board to the same extent, according to its value, as other similar property held by other persons is taxed.

(Pub. L. 92–181, title VI, §6.11, as added Pub. L. 100–233, title II, §201, Jan. 6, 1988, 101 Stat. 1594 .)