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12 U.S.C. § 3041 — Establishment; appointment, etc., of Director

submitted 48 years ago by Pub. L. 95-351 to r/title-12-BANKS-AND-BANKING · 76 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section addresses Establishment; appointment, etc., of Director. It provides the rules stated in its subsections, including: There is hereby established within the Bank an Office of Self-Help Development and Technical Assistance (later in this section the “Office”)..

(a) There is hereby established within the Bank an Office of Self-Help Development and Technical Assistance (later in this section the “Office”).

(b) The Office must have a Director who must be appointed by the President, with the advice and consent of the Senate, and who must not be a member of the Board. Subject to review by the Board, the Director must promulgate and publish in the Federal Register policies and procedures governing the operation of the Office.

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

There is hereby established within the Bank an Office of Self-Help Development and Technical Assistance (hereinafter the “Office”).

(b)

The Office shall have a Director who shall be appointed by the President, with the advice and consent of the Senate, and who shall not be a member of the Board. Subject to review by the Board, the Director shall promulgate and publish in the Federal Register policies and procedures governing the operation of the Office.

Source credit: (Pub. L. 95–351, title II, § 201, Aug. 20, 1978, 92 Stat. 511.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 95-351 · 92 Stat. 511

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-351 on 1978-08-20.

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