§ 78oo. Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, Federal Home Loan Banks

• (a) No class of equity securities of the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation shall be treated as an exempted security for purposes of section 78 l , 78m, 78n, or 78p of this title.
• (b)
  • (1) Each Federal Home Loan Bank shall register a class of its common stock under section 78 l (g) of this title, not later than 120 days after July 30, 2008 , and shall thereafter maintain such registration and be treated for purposes of this chapter as an “issuer”, the securities of which are required to be registered under section 78 l of this title, regardless of the number of members holding such stock at any given time.
  • (2) Each Federal Home Loan Bank shall comply with the rules issued by the Commission under section 78j–1(m) of this title .
• (c) For purposes of this section, the following definitions shall apply:
  • (1) The terms “Federal Home Loan Bank” and “member”, have the same meanings as in section 1422 of title 12 .
  • (2) The term “Federal National Mortgage Association” means the corporation created by the Federal National Mortgage Association Charter Act [ 12 U.S.C. 1716 et seq.].
  • (3) The term “Federal Home Loan Mortgage Corporation” means the corporation created by the Federal Home Loan Mortgage Corporation Act [ 12 U.S.C. 1451 et seq.].