2016 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter V - Farm Credit Administration Organization
Part D - Miscellaneous
Sec. 2275a - Transition rules relating to amendment of certain FCA approval authorities
| 12 U.S.C. § 2275a (2016) |
| §2275a. Transition rules relating to amendment of certain FCA approval authorities |
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(a) In general
Any approvals granted by the Farm Credit Administration before January 6, 1988, shall remain in effect on and after such date. (b) Authority to issue regulations (1) In generalAny approval authority of the Farm Credit Administration that, under the amendments made by section 802 of the Agricultural Credit Act of 1987, became an authority to issue regulations may be exercised only until the earlier of the date the Farm Credit Administration issues final regulations under such authority, or 1 year after January 6, 1988. At the close of the 1-year period referred to in paragraph (1), the Farm Credit Administration shall not take any enforcement action against any System institution with respect to any provision so amended, until the Farm Credit Administration issues final regulations under such provision. This section shall not affect the authority of the Farm Credit Administration to exercise any other approval authority either on a case-by-case basis or through regulation, as provided in section 2252(a)(5) of this title. |
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(Pub. L. 92–181, title V, §5.45, as added Pub. L. 100–233, title VIII, §802(w), Jan. 6, 1988, 101 Stat. 1713.) |
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REFERENCES IN TEXT
The amendments made by section 802 of the Agricultural Credit Act of 1987, referred to in subsec. (b)(1), are the amendments made by section 802 of Pub. L. 100–233, title VIII, Jan. 6, 1988, 101 Stat. 1710, which enacted section 2275a of this title and amended sections 2011 to 2013, 2017, 2031, 2051, 2052, 2071 to 2073, 2077, 2091, 2121, 2122, 2124, 2126, 2130, 2132, 2212, 2213, 2223, and 2252 of this title. For complete classification of section 802 to the Code, see Tables. |
| United States Code, 2012 Edition, Supplement 4, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 23 - FARM CREDIT SYSTEM SUBCHAPTER V - FARM CREDIT ADMINISTRATION ORGANIZATION Part D - Miscellaneous Sec. 2275a - Transition rules relating to amendment of certain FCA approval authorities |
| section 2275a |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 101 Stat. 1713, 1710 |
| Public Law 92-181, Public Law 100-233 |
