Which amends (2) as the National Individual Cooperative Bank no longer is a blended-possession Government enterprise
Part 396(h)(1) and you can (i) of your own Omnibus Budget Reconciliation Act off 1981 (Bar. L. 97thirty-five, 95 Stat. 440) provided that the bank manage cease are a combined-ownership Authorities business at the time pursuing the Finally Government Security Redemption Time. Area 501(36) of your own Act regarding December 23, 1981 (Club. L. 97101, 95 Stat. 1440), provided that the latest Redemption Go out is actually December 30, 1981 .
Par
2020- (3)(K). Bar. L. 116260 replaced High Ponds St. Lawrence Seaway Innovation Corporation to have Saint Lawrence Seaway Advancement Corporation .
2018- (2)(H) to help you (K). Club. L. 115334, 6602(b)(19)(A), redesignated subpars. (I) to (K) because the (H) so you can (J), respectively, and you can hit out previous subpar. (H) hence see the following: the brand new Rural Telephone Bank in the event that control, handle, and you will process of your Bank are converted less than point 410(a) of the Rural Electrification Work off 1936 (seven U.S.C. 950(a)).
L. 97258
(3)(K) so you’re able to (R). Bar. L. 115334, 6602(b)(19)(B), redesignated subpars. (L) so you can (N) and you may (P) to (R) as (K) to (P), respectively, and you can struck out former pars. (K) and (O) and therefore discover the following:
(K) brand new Rural Phone Financial before the possession, control, and you can procedure of one’s Financial is actually translated lower than section 410(a) of your Outlying Electrification Act from 1936 (seven U.S.C. 950(a)).