12 USC § 1138f - Repealed. Aug. 11, 1955, ch. 785, title I, § 110(b), 69 Stat. 662
---
identifier: "/us/usc/t12/s1138f"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 1138f - Repealed. Aug. 11, 1955, ch. 785, title I, § 110(b), 69 Stat. 662"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "1138f"
section_name: "Repealed. Aug. 11, 1955, ch. 785, title I, § 110(b), 69 Stat. 662"
chapter_number: 7
chapter_name: "DISTRICT ORGANIZATIONS UNDER SUPERVISION OF FARM CREDIT ADMINISTRATION; FARM CREDIT DISTRICTS AND FARM CREDIT BOARDS"
subchapter_number: "VI"
subchapter_name: "PROVISIONS COMMON TO PRODUCTION CREDIT ASSOCIATIONS, AND REGIONAL AND CENTRAL BANKS FOR COOPERATIVES"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
status: "repealed"
---
# § 1138f. Repealed. Aug. 11, 1955, ch. 785, title I, § 110(b), 69 Stat. 662
Section, acts , title VI, § 66, ; , title XII, § 1201, ; , ; , , limited to $14,620 per annum compensation which could be paid directors, officers, or employees of banks for cooperatives, production credit corporations, and production credit associations.
## Statutory Notes and Related Subsidiaries
### Effective Date of Repeal
> “This title [repealing this section and amending
>
> ] shall take effect on the first day of the month next following one hundred and twenty days after its enactment [
>
> ].”
, , provided that: