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12 U.S.C. § 2212 — Powers of Farm Credit Administration

submitted 46 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 55 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section states the Farm Credit Administration’s powers over Farm Credit System institutions. It includes examination, regulation, and related authority.

The Farm Credit Administration has power, under rules and regulations prescribed by the Farm Credit Administration, to provide for the organization of any corporation chartered under this part and the territory within which its operations can be carried on, and to approve amendments consistent with this chapter to charters or articles of service corporations.

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

The Farm Credit Administration shall have power, under rules and regulations prescribed by the Farm Credit Administration, to provide for the organization of any corporation chartered under this part and the territory within which its operations may be carried on, and to approve amendments consistent with this chapter to charters or articles of service corporations.

Source credit: (Pub. L. 92–181, title IV, § 4.26, as added Pub. L. 96–592, title IV, § 404, Dec. 24, 1980, 94 Stat. 3447; amended Pub. L. 99–205, title II, § 205(f)(9), Dec. 23, 1985, 99 Stat. 1706; Pub. L. 100–233, title VIII, § 802(s), Jan. 6, 1988, 101 Stat. 1712.)

history & why it existsrecord from the source credit
  • 1980Enacted · Pub. L. 92-181 · 94 Stat. 3447
  • 1985Amended · Pub. L. 99-205 · 99 Stat. 1706
  • 1988Amended · Pub. L. 100-233 · 101 Stat. 1712

A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-181 on 1980-12-24.

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