12 USC § 1016 - Repealed and Omitted

---
identifier: "/us/usc/t12/s1016"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 1016 - Repealed and Omitted"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "1016"
section_name: "Repealed and Omitted"
chapter_number: 7
chapter_name: "DISTRICT ORGANIZATIONS UNDER SUPERVISION OF FARM CREDIT ADMINISTRATION; FARM CREDIT DISTRICTS AND FARM CREDIT BOARDS"
subchapter_number: "II"
subchapter_name: "LOANS TO FARMERS BY LAND BANK COMMISSIONER"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
status: "repealed"
---


# § 1016. Repealed and Omitted

## Editorial Notes

### Codification

Section (except subsec. (h)), acts , title II, § 32, ; , title VIII, § 80(a), ; , §§ 9, 10, ; , ; , ; , ; , ; , §§ 13, 14, ; , ; , ; , ; , ; , ; , ; , ; , §§ 11–13, ; , ; , title II, § 206(h), ; , , ; , , , related to general provisions governing loans to farmers by Land Bank Commission, prior to repeal by , , .

Subsec. (h) provided: “Any instrument heretofore or hereafter executed on behalf of the Land Bank Commissioner and/or the Federal Farm Mortgage Corporation by a Federal land bank, through its duly authorized officers, shall be conclusively presumed to have been duly authorized by the Land Bank Commissioner and the Federal Farm Mortgage Corporation.”