Browse Arkansas Code titles and sections

12 U.S.C. § 2245 — Powers of Board

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 2245 — Powers of Board

The Board shall manage and administer, and establish policies for, the Farm Credit Administration. It— (1) shall approve the rules and regulations for the implementation of this chapter not inconsistent with its provisions; (2) shall provide for the examination of the condition of, and general regulation of the performance of the powers, functions, and duties vested in, each institution of the Farm Credit System; (3) shall provide for the performance of all the powers and duties vested in the Farm Credit Administration; and (4) may require such reports as it deems necessary from the institutions of the Farm Credit System.

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 2245

Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.

Original supplied file — preserved unchanged

Download original Markdown file

File SHA-256: 3f4db080e0ded3b06cee24e34b1c151387992da6220aa693a2bade4fd7721059. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.

Authority boundary: historical or unconfirmed source not current law verified.

Open the recorded source website ↗

Record provenance

Stable record: federal_law:legal_authorities:record_usc_a80dcb8ea08907f78049c4c6
Source file: Laws/federal/codes/united-states-code/title-12/section-2245-powers-of-board--ee36592cdc.md
Pages: Not recorded – Not recorded
Passage SHA-256: 7a1230b6fd8bd79bc6c604f7e841ee7749acd650eddb7a213a01f6c33d55765a

Source location: Title 12, Chapter 23, § 2245; chapter-023-farm-credit-system.md

Stored source content

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 2001 — Repealed. Pub. L. 115–334, title V, § 5411(51), Dec. 20, 2018, 132 Stat. 4685

### Statutory Notes Section, Pub. L. 92–181, title VIII, § 8.38, as added Pub. L. 104–105, title I, § 117, Feb. 10, 1996, 110 Stat. 168, related to recapitalization of Corporation.

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 2001

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 2241 — Transferred

### Statutory Notes #### Codification Section, Pub. L. 92–181, title V, § 5.0, Dec. 10, 1971, 85 Stat. 614; Pub. L. 96–592, title V, § 501, Dec. 24, 1980, 94 Stat. 3448; Pub. L. 99–205, title II, § 205(g)(1), Dec. 23, 1985, 99 Stat. 1706; Pub. L. 100–233, title VIII, § 805(v), Jan. 6, 1988, 101 Stat. 1716; Pub. L. 100–399, title IX, § 901(q), (r), Aug. 17, 1988, 102 Stat. 1008, which related to creation of districts, was transferred to section 1.2(b) of Pub. L. 92–181 by section 901(r) of Pub. L. 100–399 and is classified to [section 2002(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section2002/b&num=0&edition=prelim).

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 2241

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 2244 — Farm Credit Administration Board

**(a) Appointment** The management of the Farm Credit Administration shall be vested in a Farm Credit Administration Board (referred to in this part as “the Board”). The Board shall consist of three members, who shall be citizens of the United States and broadly representative of the public interest. Members of the Board shall be appointed by the President, by and with the advice and consent of the Senate. Not more than two members of the Board shall be members of the same political party. Of the persons thus appointed, one shall be designated by the President to serve as Chairman of the Board for the duration of the member’s term. The members of the Board shall be ineligible during the time they are in office and for two years thereafter to hold any office, position, or employment in any institution of the Farm Credit System. **(b) Terms of office** The term of office of each member of the Board shall be six years, except that the terms of the two members, other than the Chairman, first appointed under subsection (a) shall expire, one on the expiration of two years after the date of appointment, and one on the expiration of four years after the date of appointment. Members of the Board shall not be appointed to succeed themselves, except that the members first appointed under subsection (a) for a term of less than six years may be reappointed for a full six-year term and members appointed to fill unexpired terms of three years or less may be reappointed for a full six-year term. Any vacancy shall be filled for the unexpired term on like appointment. Any member of the Board shall continue to serve as such after the expiration of the member’s term until a successor has been appointed and qualified. **(c) Organization** Each member of the Board, within fifteen days afte

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 2244

Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 2245 — Organization of Farm Credit Administra-

Page 1351 TITLE 12—BANKS AND BANKING § 2245 ties of the Farm Credit Administration. The Chairman shall be the spokesman for the Board and the Farm Credit Administration and shall represent the Board and the Farm Credit Administration in their official relations within the Government. Under policies adopt- ed by the Board, the Chairman shall consult on a reg- ular basis with the Secretary of the Treasury in con- nection with the exercise by the System of the powers conferred under section 2153 of this title, with the Board of Governors of the Federal Reserve System in connection with the effect of System lending activities on national monetary policy, and with the Secretary of Agriculture in connection with the effect of System policies on farmers and the agricultural economy.’’ 1985—Pub. L. 99–205 substituted provisions relating to the Chairman of the Board, his responsibilities, and governing standards for provisions relating to the Gov- ernor of the Farm Credit Administration. 1980—Pub. L. 96–592 inserted provisions relating to re- quirements of the Governor to consult with the Sec- retary of the Treasury and the Governors of the Fed- eral Reserve System. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1985 AMENDMENT Amendment by Pub. L. 99–205 effective thirty days after Dec. 23, 1985, see section 401 of Pub. L. 99–205, set out as a note under section 2001 of this title. INTERIM IMPLEMENTATION OF 1985 AMENDMENT For provisions authorizing interim implementation by Governor of Farm Credit Administration of amend- ments to this section by Pub. L. 99–205, see section 402 of Pub. L. 99–205, set out as a note under section 2241 of this title. § 2245. Organization of Farm Credit Administra- tion (a) Policies of Board The Chairman of the F

Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 2245

Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.