12 USC § 2125 - Dividends

---
identifier: "/us/usc/t12/s2125"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 2125 - Dividends"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "2125"
section_name: "Dividends"
chapter_number: 23
chapter_name: "FARM CREDIT SYSTEM"
subchapter_number: "III"
subchapter_name: "BANKS FOR COOPERATIVES"
part_number: "A"
part_name: "Banks for Cooperatives"
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 III, § 3.4, Dec. 10, 1971, 85 Stat. 604; Pub. L. 99–205, title II, § 205(e)(5), title VI, § 606, Dec. 23, 1985, 99 Stat. 1705, 1711; Pub. L. 100–233, title VIII, § 805(l), Jan. 6, 1988, 101 Stat. 1715.)"
---


# § 2125. Dividends

Dividends may be payable only on nonvoting investment stock, if declared by the board of directors of the bank, subject to the general direction of the Farm Credit Administration.

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**Source Credit**: (Pub. L. 92–181, title III, § 3.4, Dec. 10, 1971, 85 Stat. 604; Pub. L. 99–205, title II, § 205(e)(5), title VI, § 606, Dec. 23, 1985, 99 Stat. 1705, 1711; Pub. L. 100–233, title VIII, § 805(*l*), Jan. 6, 1988, 101 Stat. 1715.)

## Editorial Notes

### Amendments

1988— struck out “other than stock held by the Farm Credit Administration,” after “investment stock,”.

1985— struck out “the Governor of” before “the Farm Credit Administration” and inserted “, subject to the general direction of the Farm Credit Administration”.

## Statutory Notes and Related Subsidiaries

### Effective Date of 1985 Amendment

Amendment by  effective thirty days after , see , set out as a note under .