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CFR > Title 12 - Banks and Banking > CHAPTER IX—FEDERAL HOUSING FINANCE BOARD > SUBCHAPTER D—FEDERAL HOME LOAN BANK MEMBERS AND HOUSING ASSOCIATES (parts to ) > PART 925—MEMBERS OF THE BANKS > SUBPART D—Stock Requirements (§925.19 to §925.23) > 925.19—Par value and price of stock.
925.19—Par value and price of stock.
The capital stock of each Bank shall be sold at par, unless the Board has fixed a higher price.