2017 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter VI - Assistance to Farm Credit System
Part A - Assistance Board
Sec. 2278a-7 - Administration
12 U.S.C. § 2278a-7 (2017) |
§2278a–7. Administration |
(a) Expenses
The Financial Assistance Corporation shall pay the necessary and reasonable administrative expenses of the Assistance Board from funds in the Assistance Fund established in section 2278b–5 of this title. (b) Interim fundingBefore the availability of funding from the Assistance Fund, the Assistance Board may use the revolving fund established under section 2151 of this title. Such amounts used shall be repaid to the revolving fund out of the Assistance Fund within the same fiscal year that such funds were received by the Assistance Board. (c) Assistance operationsThe Farm Credit Administration shall provide such personnel and facilities to the Assistance Board as the Farm Credit Administration considers are necessary to avoid unnecessary duplication and waste. (d) Access to FCA documentsThe Assistance Board shall have access to all reports of examination and supervisory documents of the Farm Credit Administration, and relevant supporting material, for the purpose of carrying out the special powers of the Assistance Board under section 2278a–6 of this title, under such terms and conditions, acceptable to the Farm Credit Administration Board, as are necessary and appropriate to protect the confidentiality of the documents and materials. |
(Pub. L. 92–181, title VI, §6.7, as added Pub. L. 100–233, title II, §201, Jan. 6, 1988, 101 Stat. 1591; amended Pub. L. 100–399, title II, §201(j), Aug. 17, 1988, 102 Stat. 991.) |
AMENDMENTS
1988—Subsec. (d). Pub. L. 100–399 substituted "material," for "material" and "under such terms and conditions, acceptable" for "under terms and conditions that are acceptable". EFFECTIVE DATE OF 1988 AMENDMENTAmendment by Pub. L. 100–399 effective as if enacted immediately after enactment of Pub. L. 100–233, which was approved Jan. 6, 1988, see section 1001(a) of Pub. L. 100–399, set out as a note under section 2002 of this title. |
United States Code, 2012 Edition, Supplement 5, 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 VI - ASSISTANCE TO FARM CREDIT SYSTEM Part A - Assistance Board Sec. 2278a-7 - Administration |
section 2278a-7 |
2017 |
January 12, 2018 |
No |
standard |
101 Stat. 1591 102 Stat. 991 |
Public Law 92-181, Public Law 100-233, Public Law 100-399 |