Power to remove directors and officers

  1. Law
  2. USC 12
  3. Banks And Banking
  4. FARM CREDIT SYSTEM
  5. FARM CREDIT ADMINISTRATION ORGANIZATION
  6. Enforcement Powers of Farm Credit Administration
  7. Power to remove directors and officers

Checkout our iOS App for a better way to browser and research.

§2274. Power to remove directors and officers

Notwithstanding any other provision of this chapter, a Farm Credit Bank board, officer, or employee shall not remove any director or officer of any association.

(Pub. L. 92–181, title V, §5.38, as added Pub. L. 100–233, title IV, §432(c), Jan. 6, 1988, 101 Stat. 1661 ; amended Pub. L. 115–334, title V, §5411(35), Dec. 20, 2018, 132 Stat. 4683 .)

Amendments

2018-Pub. L. 115–334 substituted "a Farm Credit Bank board, officer, or employee shall not remove any director or officer of any" for "a farm credit district board, bank board, or bank officer or employee shall not remove any director or officer of any production credit association or Federal land bank".


Download our app to see the most-to-date content.