Federal · Title 15 — Commerce and Trade

15 U.S.C. § 78oo: Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, Federal Home Loan Banks

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No class of equity securities of the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation shall be treated as an exempted security for purposes of section 78 l , 78m, 78n, or 78p of this title. Each Federal Home Loan Bank shall register a class of its common stock under section 78 l (g) of this title, not later than 120 days after July 30, 2008 , and shall thereafter maintain such registration and be treated for purposes of this chapter as an “issuer”, the securities of which are required to be registered under section 78 l of this title, regardless of the number of members holding such stock at any given time. Each Federal Home Loan Bank shall comply with the rules issued by the Commission under section 78j–1(m) of this title . The terms “Federal Home Loan Bank” and “member”, have the same meanings as in section 1422 of title 12 . The term “Federal National Mortgage Association” means the corporation created by the Federal National Mortgage Association Charter Act [ 12 U.S.C. 1716 et seq.]. The term “Federal Home Loan Mortgage Corporation” means the corporation created by the Federal Home Loan Mortgage Corporation Act [ 12 U.S.C. 1451 et seq.].

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