12 USC § 2157 - Bonds as investments

---
identifier: "/us/usc/t12/s2157"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 2157 - Bonds as investments"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "2157"
section_name: "Bonds as investments"
chapter_number: 23
chapter_name: "FARM CREDIT SYSTEM"
subchapter_number: "IV"
subchapter_name: "PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEM"
part_number: "A"
part_name: "Funding"
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 IV, § 4.6, Dec. 10, 1971, 85 Stat. 612.)"
---


# § 2157. Bonds as investments

The bonds, debentures, and other similar obligations issued under the authority of this chapter shall be lawful investments for all fiduciary and trust funds and may be accepted as security for all public deposits.

---

**Source Credit**: (Pub. L. 92–181, title IV, § 4.6, Dec. 10, 1971, 85 Stat. 612.)