{"identifier":"/us/usc/t12/s2147","title":12,"num":"\u00a7\u202f2147.","heading":"Patronage pools","text":"\u00a7\u202f2147.\nPatronage pools\nUnder such terms and conditions as may be determined by its board of directors, the consolidated bank may\u2014\n(1) for a period of at least 3 years following\nJanuary 6, 1988\nJanuary 6, 1988\n(2) allocate revenues, expenses, and net savings among such pools on an equitable basis.","url":"https://projectusc.org/usc/t12/s2147.html","content":[{"t":"sec","id":"/us/usc/t12/s2147","children":[{"t":"num","text":"\u00a7\u202f2147."},{"t":"heading","text":"Patronage pools","tail":"\n"},{"t":"chapeau","text":"Under such terms and conditions as may be determined by its board of directors, the consolidated bank may\u2014"},{"t":"para","id":"/us/usc/t12/s2147/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" for a period of at least 3 years following ","children":[{"t":"text","text":"January 6, 1988","tail":", establish separate patronage pools consisting of loans to eligible borrowers located in each constituent farm credit district (as such district existed on "},{"t":"text","text":"January 6, 1988","tail":"); and"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t12/s2147/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" allocate revenues, expenses, and net savings among such pools on an equitable basis.","tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"}]}]}