Conceptio › Archive › US Code (LII)
US Code (LII) public full text Public Domain

12 U.S.C. § 2287 — Initial capital

United States Code · United States Code (via Cornell Legal Information Institute)
US Code (LII) · Legal · License: Public Domain
Open Source ↗
capitalinitial
Conceptio Open Archive

Analyze & explore related research in Conceptio

Connect this record directly into your research workflow or AI agent. Explore citations across open repositories, query full text, and export structured proof bundles.

The Secretary of the Treasury is authorized to advance the funds necessary to provide initial capital to the Bank . Each such advance shall be upon such terms and conditions as to yield a return at a rate not less than a rate determined by the Secretary of the Treasury, taking into consideration the current average yield on outstanding marketable obligations of the United States of comparable maturity. Interest payments on such advances may be deferred, at the discretion of the Secretary, but any such deferred payments shall themselves bear interest at the rate specified in this section. There is authorized to be appropriated not to exceed $100,000,000, which shall be available for the purposes of this section without fiscal year limitation. ( Pub. L. 93–224, § 8 , Dec. 29, 1973 , 87 Stat. 939 .)

Related documents

Record · ID 563985 · SHA-256 72e40ba1ec4e5cbd
Retrieved via Conceptio: every document is proof-bundled with source, license, and retrieval metadata.
Bring this data into your agent: Connect via MCP or API · 20 free credits to start · no card required
Read the Docs → · View CLI source on GitHub · Conceptio Open Knowledge Archive