12-U.S.C.-2279A-1

12-U.S.C.-2279A-1

§2279A-1 – §2279A-1. Board of Directors

Pathway

Title 12 > Chapter 23 > Subchapter VII > Part A > Section 2279a-1

Details

  • Reference: Section 2279a-1
  • Legend: §2279A-1 – §2279A-1. Board of Directors
  • USCode Year: 2013

Provision Content

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.)

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).

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.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-2278B-7 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-2278B-7, 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.-2278A-2 in the Legal Encyclopedia: Farm Credit System

In this entry about 12-U.S.C.-2278A-2, 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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