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stat^ 662*' ^^^' 62 Stat. 703. 62 Stat. 711. 62 Stat. 729. 65 Stat. 718. 62 Stat. 750. 62 Stat. 752. 59 Stat. 597.

48^ Stat' 41

PUBLIC LAW 87-353-OCT. 4, 1961

[75 S T A T.

(e) The fourteenth paragraph of section 7 of the Federal Farm Loan Act, as amended (12 U.S.C. 723(c)), is amended by striking out the fourth sentence thereof, ^* ^^^ ^^^ ^^^^ paragraph of section 12 of the Federal Farm Loan Act, as amended (12 U.S.C. 772), is amended to read as follows: "Amounts transmitted to Federal land bank associations by Federal land banks to be loaned to its members shall, at the option of the bank, be in current funds or, at the option of the borrower, in farm loan bonds." (g) Paragraph Eighth of section 13 of the Federal Farm Loan Act, .^g amended (12 U.S.C. 781), is amended to read as follows: "Eighth. To buy and sell United States Government obligations direct or fully guaranteed." (h) Section 13 of the Federal F a r m Loan Act, as amended (12 U.S.C. 781), is amended by striking out paragraphs Fifteenth, Sixteenth, and Twentieth thereof. (i) Section 22 of the Federal Farm Loan Act, as amended (12 U.S.C. 897), is amended by (1) striking out clause (e) under the heading "In the case of a Federal land bank", and (2) striking out clause (e) under the heading " I n the case of a joint-stock land bank", (j) Section 62 of the Farm Credit Act of 1933, as amended (12 U.S.C. 1138b), is amended by striking out "the Federal Farm Mortgage Corporation,". (k) The Act of June 4, 1936, as amended (49 Stat. 1461; 12 U.S.C. 773a), is amended by striking out "the Federal Farm Mortgage Corporation," and "the Land Bank Commissioner". (1) Section 7(b) of the First Deficiency Appropriation Act, fiscal year 1936, approved June 22, 1936 (49 Stat. 1648; 15 U.S.C. 712a(b)), is amended by striking out item 4 thereof and by redesignating items 6 to 13, inclusive, as 4 to 12, respectively. (m) The Act of September 6, 1950 (64 Stat. 769; 7 U.S.C. 1036), is amended by striking out section 4 thereof. (n) Section 7(a) of the F a r m Credit Act of 1953, as amended (12 ^^ U.S.C. 636f(a)), is amended by striking out the second and third sentences thereof. (o) The second sentence of section 433 of title 18 of the United States Code is amended by striking out "the Federal Farm Mortgage Corporation Act,". (p) The first paragraph of section 493 of title 18 of the United States Code is amended by striking out "Federal F a r m Mortgage Corporation". (q) Section 657 of title 18 of the United States Code is amended by striking out "Federal Farm Mortgage Corporation,". (j.) Section 658 of title 18 of the United States Code is amended by striking out "Federal Farm Mortgage Corporation,". (s) Section 1006 of title 18 of the United States Code is amended by striking out "Federal Farm Mortgage Corporation,". (t) Section 1014 of title 18 of the United States Code is amended by striking out "or the Federal F a r m Mortgage Corporation,", (u) Section 101 of the Government Corporation Control Act, as amended (31 U.S.C. 846), is amended by striking out "Federal Farm Mortgage Corporation;". (v) The Department of Agriculture Organic Act of 1944, as amended (58 Stat. 741; 12 U.S.C. 1020a-l), is amended by striking out section 603 thereof. ( ^) "^^^ ^^^^ paragraph of section 32 of the Federal Farm Loan Act, as amended (12 U.S.C. 992, 993), is hereby repealed. Approved October 4, 1961.

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