(1) encourage the development of new and existing cooperatives eligible for its assistance by providing specialized credit and technical assistance;
(2) maintain broad-based control of the Bank by its voting stockholders;
(3) encourage broad-based ownership, control, and active participation by members in eligible cooperatives;
(4) assist in improving the quality and availability of goods and services to consumers; and
(5) encourage ownership of its equity securities by cooperatives and others as provided in section 3014 of this title, so that the date when all of the Bank’s class A stock owned by the United States has been fully redeemed (the “Final Government Equity Redemption Date”) occurs as early as practicable.
Structure US Code
CHAPTER 31— NATIONAL CONSUMER COOPERATIVE BANK
SUBCHAPTER I— ESTABLISHMENT AND OPERATION
§ 3011. Creation and charter; principal office; venue; purposes
§ 3012. General corporate powers
§ 3015. Eligibility of cooperatives
§ 3016. Annual meetings; notice, agenda, etc.
§ 3017. Bonds, debentures, notes and other evidences of indebtedness
§ 3017a. Class A notes as paid-in capital of the Bank
§ 3019. Taxation by State, county, etc., taxing authority; Federal tax status
§ 3020. Quarters and space for principal and other offices
§ 3021. Annual report to Congress; contents
§ 3022. Authorization of additional appropriations; restrictions on use
§ 3023. Appeal procedures applicable upon denial or restriction of application for assistance
§ 3024. Conflict of interest rules; adoption and publication; requirements
§ 3026. Acceleration of the Final Government Equity Redemption Date