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12 U.S.C. § 2092 — Board of directors

submitted 38 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 64 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

Each Federal land bank association shall elect from its voting shareholders a board of directors of such number, for such terms, in such manner, and with such qualifications as may be required by its bylaws except that, at least one member shall be elected by the other directors, which member shall not be a director, officer, employee, stockholder, or agent of a System institution.

Source credit: (Pub. L. 92–181, title II, § 2.11, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1635; amended Pub. L. 102–237, title V, § 502(d), Dec. 13, 1991, 105 Stat. 1868.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 92-181 · 101 Stat. 1635
  • 1991Amended · Pub. L. 102-237 · 105 Stat. 1868

A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-181 on 1988-01-06.

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