Statute · United States Code

12 U.S.C. § 2208 — Prohibition against use of signed ballots

12 U.S.C. § 2208

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
antitrust

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.

Citator

12 U.S.C. § 2208 — Prohibition against use of signed ballots is in force in the current edition of the Code, and nothing recorded condemns it.

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.