12 USC § 2097 - Liens on stock

---
identifier: "/us/usc/t12/s2097"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 2097 - Liens on stock"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "2097"
section_name: "Liens on stock"
chapter_number: 23
chapter_name: "FARM CREDIT SYSTEM"
subchapter_number: "II"
subchapter_name: "FARM CREDIT ASSOCIATIONS"
part_number: "B"
part_name: "Federal Land Bank 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, § 2.15, formerly § 2.16, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1637; renumbered § 2.15, Pub. L. 100–399, title IV, § 401(w), Aug. 17, 1988, 102 Stat. 999.)"
---


# § 2097. Liens on stock

Each Federal land bank association shall have a first lien on the stock and participation certificates it issues, except on stock or participation certificates held by other Farm Credit System institutions, for the payment of any liability of the stockholder to the association or to the bank, or to both of them.

---

**Source Credit**: (Pub. L. 92–181, title II, § 2.15, formerly § 2.16, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1637; renumbered § 2.15, Pub. L. 100–399, title IV, § 401(w), Aug. 17, 1988, 102 Stat. 999.)

## Editorial Notes

### Prior Provisions

A prior section 2097, .16, , ; , , , related to other services, prior to the general amendment of this subchapter by .

A prior section 2.15 of  was renumbered section 2.14 and is classified to .

## Statutory Notes and Related Subsidiaries

### Effective Date

, , , provided that this section is effective 6 months after .