12 U.S.C. § 2279f–1 — Merger of similar associations
submitted 38 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 87 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Associations may voluntarily merge with other like associations if the plan of merger is approved by—
the Farm Credit* Administration Board;
the respective Boards of Directors of the associations involved;
a majority vote of the stockholders of each association voting, in person* or by proxy, at a duly authorized stockholders’ meeting; and
the Farm Credit Banks involved.
The provisions of subsections (b) and (c) of section 2279c–1 of this title shall apply to associations merged under this section.
Source credit: (Pub. L. 92–181, title VII, § 7.13, as added Pub. L. 100–233, title IV, § 416, Jan. 6, 1988, 101 Stat. 1653; amended Pub. L. 100–399, title IV, § 408(s), (t), Aug. 17, 1988, 102 Stat. 1003.)
- 1988Enacted · Pub. L. 92-181 · 101 Stat. 1653
- 1988Amended · Pub. L. 100-399 · 102 Stat. 1003
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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