2020 U.S. Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter VII - Restructuring of System Institutions
Part A - Merger of Banks Within a District
Sec. 2279a-1 - Board of directors
| 12 U.S.C. § 2279a-1 (2020) |
| §2279a–1. Board of directors |
|
Each merged bank shall elect a board of directors of such number, for such term, in such manner, and with such qualifications, as may be required in its bylaws, except that at least one member shall be elected by the other directors, which member shall not be a director, officer, employee, or stockholder of a System institution. |
|
(Pub. L. 92–181, title VII, §7.1, as added Pub. L. 100–233, title IV, §416, Jan. 6, 1988, 101 Stat. 1645; amended Pub. L. 100–399, title IV, §408(c), Aug. 17, 1988, 102 Stat. 1001.) |
| EDITORIAL NOTES
AMENDMENTS
1988—Pub. L. 100–399 struck out "for the district" in section catchline and amended text generally, revising and restating as a single unlettered paragraph provisions of former subsecs. (a) and (b). STATUTORY NOTES AND RELATED SUBSIDIARIES EFFECTIVE DATE OF 1988 AMENDMENT Amendment 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, 2018 Edition, Supplement 2, 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 VII - RESTRUCTURING OF SYSTEM INSTITUTIONS Part A - Merger of Banks Within a District Sec. 2279a-1 - Board of directors |
| section 2279a-1 |
| 2020 |
| January 13, 2021 |
| No |
| standard |
| 101 Stat. 1645 102 Stat. 1001 |
| Public Law 92-181, Public Law 100-233, Public Law 100-399 |
