12 USC § 2076a - Liens on stock

---
identifier: "/us/usc/t12/s2076a"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 2076a - Liens on stock"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "2076a"
section_name: "Liens on stock"
chapter_number: 23
chapter_name: "FARM CREDIT SYSTEM"
subchapter_number: "II"
subchapter_name: "FARM CREDIT ASSOCIATIONS"
part_number: "A"
part_name: "Production Credit Associations"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 92–181, title II, § 2.6, as added Pub. L. 101–624, title XVIII, § 1833(2), Nov. 28, 1990, 104 Stat. 3832.)"
---


# § 2076a. Liens on stock

Except with regard to stock or participation certificates held by other Farm Credit System institutions, each production credit association shall have a first lien on stock and participation certificates the association issues, on allocated surplus, and on investments in equity reserve, for any indebtedness of the holder of the capital investments and, in the case of equity reserves, for charges for association losses in excess of reserves and surpluses.

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**Source Credit**: (Pub. L. 92–181, title II, § 2.6, as added Pub. L. 101–624, title XVIII, § 1833(2), Nov. 28, 1990, 104 Stat. 3832.)

## Editorial Notes

### Prior Provisions

A prior section 2.6 of  was renumbered section 2.7 and is classified to .

## Statutory Notes and Related Subsidiaries

### Effective Date

Section effective , see , set out as an Effective Date of 1990 Amendment note under , Agriculture.