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12 U.S.C. § 2277a–2 — Board of Directors

submitted 38 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 47 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Corporation is managed by a Board of Directors made up of the Farm Credit Administration Board. A member other than that Board’s chair must chair the Corporation’s Board.

(a) Establishment The Corporation must be managed by a Board of Directors that must consist of the members of the Farm Credit Administration Board. (b) Chairman The Board of Directors must be chaired by any Board member other than the Chairman of the Farm Credit Administration Board.

the actual law source: uscode.house.gov ↗public domain
(a) Establishment

The Corporation shall be managed by a Board of Directors that shall consist of the members of the Farm Credit Administration Board.

(b) Chairman

The Board of Directors shall be chaired by any Board member other than the Chairman of the Farm Credit Administration Board.

Source credit: (Pub. L. 92–181, title V, § 5.53, as added Pub. L. 100–233, title III, § 302, Jan. 6, 1988, 101 Stat. 1611; amended Pub. L. 102–552, title II, § 201(a), Oct. 28, 1992, 106 Stat. 4104; Pub. L. 104–105, title II, § 219(a), Feb. 10, 1996, 110 Stat. 184.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 92-181 · 101 Stat. 1611
  • 1992Amended · Pub. L. 102-552 · 106 Stat. 4104
  • 1996Amended · Pub. L. 104-105 · 110 Stat. 184

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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