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" Notes representing loans made under this section to finance the construction of residential or farm buildings and having maturities of not to exceed nine months shall be eligible for discount as commercial paper within the terms of the second paragraph... "
National Bank Amendments: Hearings Before Subcommittee No. 2 of ... , 86-1 ... - Page 3
by United States Congress. House. Banking and Currency Committee - 1959 - 74 pages
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National Housing Act, Hearings Before ..., 73-2 on S. 3603 ..., May 16-24, 1934

United States. Congress. Senate. Banking and Currency Committee - 1934 - 474 pages
...paid-in capital in this manner. If accompanied by an agreement of an acceptable person or institution to advance the full amount of the loan, upon the completion of the building these loans are made eligible for discount as commercial paper under section 13 of the Federal Reserve...
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National Housing Act as Amended, and Provisions of Other Laws Pertaining to ...

United States - Housing - 1935 - 104 pages
...paper within the terms of the second paragraph of section 13 of the Federal Reserve Act, as amended, if accompanied by a valid and binding agreement to...or corporation acceptable to the discounting bank." SEC. 506. (a) The first sentence of section 4 (c) of the Home Owners' Loan Act of 1933, as amended,...
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Federal Farm Loan Act, with Amendments and Farm Mortgage and Farm Credit Acts

United States - Agricultural credit - 1966 - 376 pages
...paper within the terms of the second paragraph of section 13 of the Federal Reserve Act, as amended, if accompanied by a valid and binding agreement to...partnership, association, or corporation acceptable tg the discounting bank." Approved, June 27, 1934. 71-491 O-66— 12 [PUBLIC — No. 97 — 73D CONGRESS]...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1977 - 970 pages
...exceed 9 month* shall be eligible for discount as commercial paper within the terms of (12 UJ3.C. 343) if accompanied by a valid and binding agreement to...or corporation acceptable to the discounting bank, (b) Application. (1) The third paragraph of section 371 is intended to enable a national bank to finance...
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The Code of Federal Regulations of the United States of America

Administrative law - 1949 - 614 pages
...entered into by a person * acceptable to the discounting Federal Reserve bank, requiring such person to advance the full amount of the loan upon the completion of the construction of such residential or farm building, and (4) matures not more than 6 months from the...
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The Code of Federal Regulations of the United States of America

Administrative law - 1971 - 592 pages
...entered into by a person u acceptable to the discounting Federal Reserve Bank, requiring such person to advance the full amount of the loan upon the completion of the construction of such residential or farm building, and (4) matures not more than six months from the...
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Miscellaneous Hearings: Hearings Before ... , 83-2 on H.R. 6773 ... , H.R ...

United States Congress. House. Banking and Currency Committee - 1954 - 106 pages
...paper within the terms of the second paragraph of section 13 of the Federal Reserve Act, as amended, if accompanied by a valid and binding agreement to...or corporation acceptable to the discounting bank. . Loans made to established industrial or commercial businesses. (a) which are in whole or in part...
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National Bank Residential Mortgage and Construction Loans: Hearings Before ...

United States Congress. House. Banking and Currency Committee - 1955 - 74 pages
...paper within the terms of the second paragraph of section 13 of the Federal Reserve Act, as amended, if accompanied by a valid and binding agreement to...or corporation acceptable to the discounting bank." Passed by the Senate May 31 (legislative day, May 2) , 1955. Attest: FELTON M. JOHNSTON, Secretaa-y....
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National Bank Residential Mortgage and Construction Loans: Hearing Before ...

United States. Congress. House. Committee on Banking and Currency - Mortgages - 1955 - 68 pages
...paper within the terms of the second paragraph of section 13 of the Federal Reserve Act, as amended, if accompanied by a valid and binding agreement to...or corporation acceptable to the discounting bank." Mr. JENNINGS. I will be very pleased to answer any questions, Mr. Chairman. The CHAIRMAN. The Office...
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National Bank Amendments: Hearing Before a Subcommittee of the Committee on ...

United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Banking, United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1955 - 48 pages
...paper within the terms of the second paragraph of section 13 of the Federal Reserve Act, as amended, if accompanied by a valid and binding agreement to...or corporation acceptable to the discounting bank.' " In the time available it has not been possible to obtain the customary advice of the Bureau of the...
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