United States Code · Section
§ 1433 — Exemption From Taxation; Obligations Acceptable As Credit On Debt Of Home Owner
12 U.S.C. § 1433
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any real property of the bank shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value as other real property is taxed. The notes, debentures, and bonds issued by any bank, with unearned coupons attached, shall be accepted at par by such bank in payment of or as a credit against the obligation of any home-owner debtor of such bank.
Implementing Regulations
No implementing regulations found.