12-U.S.C.-2208

§2208 – Prohibition Against Use of Signed Ballots

Pathway

Title 12 > Chapter 23 > Subchapter IV > Part D > Section 2208

Details

• Reference: Section 2208
• Legend: §2208 – Prohibition Against Use of Signed Ballots
• USCode Year: 2013

Provision Content

In any election or merger vote, or other proceeding subject to a vote of the stockholders (or subscribers to the guaranty fund of a bank for cooperatives), conducted by a lending institution of the Farm Credit System, the institution—

(1) may not use signed ballots; and

(2) shall implement measures to safeguard the voting process for the protection of the right of stockholders (or subscribers) to a secret ballot.

(Pub. L. 92–181, title IV, §4.20, as added Pub. L. 96–592, title IV, §403, Dec. 24, 1980, 94 Stat. 3447; amended Pub. L. 100–233, title IV, §425, Jan. 6, 1988, 101 Stat. 1657.)

Amendments

1988—Pub. L. 100–233 amended section generally. Prior to amendment, section read as follows: The provisions of (1) section 2074 of this title authorizing the Federal intermediate credit banks to lend to or discount paper for other financial institutions, and (2) section 2128(b) of this title authorizing the financing of certain domestic or foreign entities in connection with the import or export activities of cooperatives which are borrowers from the banks for cooperatives, shall expire on September 30, 1990, unless extended by Act of Congress prior to that date. Any contract or agreement entered into under the authority of either provision prior to its expiration shall remain in full force and effect notwithstanding such expiration.

U.S. Encyclopedia of Law Coverage

Part C – Rights of Borrowers; Loan Restructuring in the Legal Encyclopedia: Banking Law

In this entry about Part C – Rights of Borrowers; Loan Restructuring, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-2202C in the Legal Encyclopedia: Farm Credit System

In this entry about 12-U.S.C.-2202C, find legal reference material, bibliographies and premiere content related to farm credit system in the American Encyclopedia of Law, presenting a comprehensive view of the United States farm credit system-specific issues, written by authorities in the field.

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