2017 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter II - Farm Credit Associations
Part B - Federal Land Bank Associations
Sec. 2092 - Board of directors

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Citation 12 U.S.C. § 2092 (2017)
Section Name §2092. Board of directors
Section Text

Each Federal land bank association shall elect from its voting shareholders a board of directors of such number, for such terms, in such manner, and with such qualifications as may be required by its bylaws except that, at least one member shall be elected by the other directors, which member shall not be a director, officer, employee, stockholder, or agent of a System institution.

Source Credit

(Pub. L. 92–181, title II, §2.11, as added Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1635; amended Pub. L. 102–237, title V, §502(d), Dec. 13, 1991, 105 Stat. 1868.)

Editorial Notes PRIOR PROVISIONS

A prior section 2092, Pub. L. 92–181, title II, §2.11, Dec. 10, 1971, 85 Stat. 598, related to board of directors, prior to the general amendment of this subchapter by Pub. L. 100–233, §401.

AMENDMENTS

1991—Pub. L. 102–237 substituted "stockholder, or agent" for "or stockholder".

EFFECTIVE DATE

Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1622, provided that this section is effective 6 months after Jan. 6, 1988.

Publication Title United States Code, 2012 Edition, Supplement 5, Title 12 - BANKS AND BANKING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 12 - BANKS AND BANKING
CHAPTER 23 - FARM CREDIT SYSTEM
SUBCHAPTER II - FARM CREDIT ASSOCIATIONS
Part B - Federal Land Bank Associations
Sec. 2092 - Board of directors
Contains section 2092
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 85 Stat. 598
101 Stat. 1635, 1622
105 Stat. 1868
Public Law References Public Law 92-181, Public Law 100-233, Public Law 102-237
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