FEDERAL · 12 U.S.C. · Chapter 23
Board of directors
Current through Pub. L. 119-102
Each production credit association shall elect from the voting members of such association, a board of directors of such number, for such terms, with such qualifications, and in such manner as may be required by the bylaws of the association, 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.
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12 U.S.C. § 2072 (Board of directors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Troy O. Bishop v. Federal Intermediate Credit Bank of Wichita and B.L. Hauenstein
908 F.2d 658 (Tenth Circuit, 1990)
Clarence B. Bailey v. Federal Intermediate Credit Bank of St. Louis
788 F.2d 498 (Eighth Circuit, 1986)
Ebenhoh v. Production Credit Ass'n
426 N.W.2d 490 (Court of Appeals of Minnesota, 1988)
First South Production Credit Assoc. v. Farm Credit Administration
729 F. Supp. 1559 (E.D. Virginia, 1990)
Colorado Springs Production Credit Ass'n v. Farm Credit Administration
695 F. Supp. 15 (District of Columbia, 1988)
Bailey v. Federal Intermediate Credit Bank
608 F. Supp. 1009 (W.D. Missouri, 1985)
Source Credit
History
(Pub. L. 92–181, title II, §2.1, as added Pub. L. 100–233, title IV, §401, Jan. 6, 1988, 101 Stat. 1630; amended Pub. L. 100–399, title IV, §401(n), Aug. 17, 1988, 102 Stat. 997; Pub. L. 102–237, title V, §502(c), Dec. 13, 1991, 105 Stat. 1868.)
Editorial Notes
Editorial Notes
Prior Provisions
A prior section 2072, Pub. L. 92–181, title II, §2.1, Dec. 10, 1971, 85 Stat. 591; Pub. L. 96–592, title II, §201, Dec. 24, 1980, 94 Stat. 3439; Pub. L. 99–205, title II, §205(e)(1), Dec. 23, 1985, 99 Stat. 1704; Pub. L. 100–233, title VII, §705(c), title VIII, §§802(i), 805(d), Jan. 6, 1988, 101 Stat. 1707, 1711, 1715; Pub. L. 100–399, title VI, §604, title IX, §901(b), Aug. 17, 1988, 102 Stat. 1006, 1007, related to corporate existence and general corporate powers, 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".
1988—Pub. L. 100–399 struck out the comma after "except that".
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 in part that this section is effective 6 months after Jan. 6, 1988.
Prior Provisions
A prior section 2072, Pub. L. 92–181, title II, §2.1, Dec. 10, 1971, 85 Stat. 591; Pub. L. 96–592, title II, §201, Dec. 24, 1980, 94 Stat. 3439; Pub. L. 99–205, title II, §205(e)(1), Dec. 23, 1985, 99 Stat. 1704; Pub. L. 100–233, title VII, §705(c), title VIII, §§802(i), 805(d), Jan. 6, 1988, 101 Stat. 1707, 1711, 1715; Pub. L. 100–399, title VI, §604, title IX, §901(b), Aug. 17, 1988, 102 Stat. 1006, 1007, related to corporate existence and general corporate powers, 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".
1988—Pub. L. 100–399 struck out the comma after "except that".
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 in part that this section is effective 6 months after Jan. 6, 1988.