...346.) 12 USC, § 1020f Exemptions from taxation.—(a) The corporation, including its franchise, its capital, reserves, and surplus, and its income shall...county, municipality, or local taxing authority; except (b) Mortgages executed to the Land Bank Commissioner and mortgages held by the corporation, and the...

...principal and interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority. The bank, including its franchise, its capital, its reserves and surplus, its advances, and its. income...

...piincipal and interest, from all taxation (except estate, gift, and inheritance taxes, and surtaxes) now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority. (b) Such bonds shall be first offered at not less than par, as a popular loan, under such regulations...

...principal and interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority. The bank, including its franchise, its capital, its reserves and surplus, its advances, and its income...

...principal and interest, from all taxation (except estate, gift, and inheritance taxes, and surtaxes) now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority. (b) Such bonds shall be first offered at not less than par, as a popular loan, under such regulations...

...principal and interest, from all taxation (except estate, inheritance, and gift taxes, and surtaxes) now or hereafter imposed by the United States, by any...State, county, municipality, or local taxing authority. Such bonds shall be issued by the Secretary of the Treasury from time to time as required for the purposes...

...principal and interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) at any time imposed by the United States, by any Territory, dependency,...State, county, municipality, or local taxing authority. REPORTS Section 15 of the Reconstruction Finance Corporation Act provides that the corporation shall...

...estate, inheritance, and gift taxes) now or hereafter imposed by the United States or any District, Territory, dependency, or possession thereof, or by...county, municipality, or local taxing authority." The Corporation, and its franchise, capital, reserves, surplus, loans, and income, shall likewise be...

...imposed by the United States, any State, or any of the possessions of the United States, or by any local taxing authority, except that any real property of the corporation shall be subject to State, county, or municipal taxes to the same extent, according to its value, as other real property...

..."the Federal Farm Mortgage Corporation,". SEC. 11. (a) The corporation, including its franchise, its capital, reserves, and surplus, and its income shall...real property of the corporation shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value...