Any member of a Federal Home Loan Bank shall be entitled to apply in writing for advances. Such application shall be in such form as shall be required by the Federal Home Loan Bank. Such Federal Home Loan Bank may at its discretion deny any such application, or may grant it on such conditions as the Federal Home Loan Bank may prescribe.

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Terms Used In 12 USC 1429

  • Bank: means a bank established under the authority of this chapter. See 12 USC 1422
  • member: means any institution which has subscribed for the stock of a Federal Home Loan Bank. See 12 USC 1422
  • writing: includes printing and typewriting and reproductions of visual symbols by photographing, multigraphing, mimeographing, manifolding, or otherwise. See 1 USC 1
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