FEDERAL · 12 U.S.C. · Chapter SUBCHAPTER I—FARM CREDIT BANKS
Board of directors
12 U.S.C. § 2012
Title12 — Banks and Banking
ChapterSUBCHAPTER I—FARM CREDIT BANKS
This text of 12 U.S.C. § 2012 (Board of directors) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 2012.
Text
Each Farm Credit 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.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Hillesland v. Federal Land Bank Ass'n of Grand Forks
407 N.W.2d 206 (North Dakota Supreme Court, 1987)
Federal Land Bank of St. Paul v. Lillehaugen
404 N.W.2d 452 (North Dakota Supreme Court, 1987)
Federal Land Bank of Saint Paul v. Anderson
401 N.W.2d 709 (North Dakota Supreme Court, 1987)
Rew Enterprises, Inc. As Receiver for Federal Land Bank of Jackson v. Premier Bank, N.A., F/k/a Ouachita National Bank, Cross-Appellee
49 F.3d 163 (Fifth Circuit, 1995)
Birbeck v. Southern New England Production Credit Ass'n
606 F. Supp. 1030 (D. Connecticut, 1985)
Federal Land Bank of Saint Paul v. Gefroh
390 N.W.2d 46 (North Dakota Supreme Court, 1986)
United States v. Anthony Edward Anzalone and Angelo Rios
626 F.2d 239 (Second Circuit, 1980)
Kolb v. Naylor
658 F. Supp. 520 (N.D. Iowa, 1987)
Federal Land Bank v. Board of County Commissioners
582 F. Supp. 1507 (D. Colorado, 1984)
Federal Deposit Insurance Corporation v. W.T. Langley and Mary Ann Grimes Langley
792 F.2d 547 (Fifth Circuit, 1986)
Daley v. Farm Credit Administration
454 F. Supp. 953 (D. Minnesota, 1978)
Matthews v. Federal Land Bank of St. Louis
718 S.W.2d 220 (Missouri Court of Appeals, 1986)
PRODUCTION CR. ASS'NS OF FLA. v. Dept. of Ins.
356 So. 2d 31 (District Court of Appeal of Florida, 1978)
National Bank v. United States
553 F. Supp. 1064 (Court of Claims, 1982)
Federal Land Bank v. Federal Intermediate Credit Bank
727 F. Supp. 1055 (S.D. Mississippi, 1989)
Williams v. Federal Land Bank of Jackson
729 F. Supp. 1387 (District of Columbia, 1990)
Independent Bankers Ass'n v. National Credit Union Administration
936 F. Supp. 605 (W.D. Wisconsin, 1996)
REW Enterprises, Inc. v. Premier Bank, N.A.
(Fifth Circuit, 1995)
Source Credit
History
(Pub. L. 92–181, title I, §1.4, as added Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1622; amended Pub. L. 100–399, title IV, §401(c), Aug. 17, 1988, 102 Stat. 995.)
Editorial Notes
Editorial Notes
Prior Provisions
A prior section 2012, Pub. L. 92–181, title I, §1.4, Dec. 10, 1971, 85 Stat. 584; Pub. L. 96–592, title I, §101, Dec. 24, 1980, 94 Stat. 3437; Pub. L. 99–205, title II, §205(d)(1), Dec. 23, 1985, 99 Stat. 1703; Pub. L. 100–233, title VII, §705(a), title VIII, §802(b), Jan. 6, 1988, 101 Stat. 1706, 1710; Pub. L. 100–399, title VI, §604, Aug. 17, 1988, 102 Stat. 1006, related to corporate existence and general corporate powers, prior to the general amendment of this subchapter by Pub. L. 100–233, §401.
Amendments
1988—Pub. L. 100–399 struck out "from its voting stockholders" after "shall elect".
Statutory Notes and Related Subsidiaries
Effective Date of 1988 Amendment
Amendment by Pub. L. 100–399 effective immediately after amendment made by section 401 of Pub. L. 100–233, which was effective 6 months after Jan. 6, 1988, see section 1001(b) of Pub. L. 100–399, set out as a note under section 2002 of this title.
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.
Prior Provisions
A prior section 2012, Pub. L. 92–181, title I, §1.4, Dec. 10, 1971, 85 Stat. 584; Pub. L. 96–592, title I, §101, Dec. 24, 1980, 94 Stat. 3437; Pub. L. 99–205, title II, §205(d)(1), Dec. 23, 1985, 99 Stat. 1703; Pub. L. 100–233, title VII, §705(a), title VIII, §802(b), Jan. 6, 1988, 101 Stat. 1706, 1710; Pub. L. 100–399, title VI, §604, Aug. 17, 1988, 102 Stat. 1006, related to corporate existence and general corporate powers, prior to the general amendment of this subchapter by Pub. L. 100–233, §401.
Amendments
1988—Pub. L. 100–399 struck out "from its voting stockholders" after "shall elect".
Statutory Notes and Related Subsidiaries
Effective Date of 1988 Amendment
Amendment by Pub. L. 100–399 effective immediately after amendment made by section 401 of Pub. L. 100–233, which was effective 6 months after Jan. 6, 1988, see section 1001(b) of Pub. L. 100–399, set out as a note under section 2002 of this title.
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.
Cite This Page — Counsel Stack
Bluebook (online)
12 U.S.C. § 2012, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/2012.