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 - Establishment of Board
| 12 U.S.C. § 2278a (2017) |
| §2278a. Establishment of Board |
|
(a) Charters
On the date which is 15 days after January 6, 1988, the Farm Credit Administration shall revoke the charter of the Farm Credit System Capital Corporation (hereinafter referred to in this subchapter as the "Capital Corporation") and shall charter the Farm Credit System Assistance Board (hereinafter referred to in this chapter as the "Assistance Board") that, subject to this part, shall be a Federally chartered instrumentality of the United States. (b) Use of Capital Corporation staffDuring the 90-day period beginning on the date of the revocation of the charter of the Capital Corporation, the Assistance Board may temporarily employ, by contract or otherwise under reasonable and necessary terms and conditions, such staff of the Capital Corporation as is necessary to facilitate and effectuate an orderly transition to, and commencement of, the Assistance Board, and the termination of the affairs of the Capital Corporation. |
|
(Pub. L. 92–181, title VI, §6.0, as added Pub. L. 100–233, title II, §201, Jan. 6, 1988, 101 Stat. 1585.) |
| 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 - Establishment of Board |
| section 2278a |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| 101 Stat. 1585 |
| Public Law 92-181, Public Law 100-233 |
