Statute · United States Code

12 U.S.C. § 2012 — Board of directors

12 U.S.C. § 2012

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
employee-benefits-and-executive-compensation

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.

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.