12 U.S. Code § 2092 - Board of directors

Each Federal land bank association shall elect from its voting shareholders a board of directors of such number, for such terms, in such manner, and with such qualifications as may be required by its bylaws except that, at least one member shall be elected by the other directors, which member shall not be a director, officer, employee, stockholder, or agent of a System institution.

Source

(Pub. L. 92–181, title II, § 2.11, as added Pub. L. 100–233, title IV, § 401,Jan. 6, 1988, 101 Stat. 1635; amended Pub. L. 102–237, title V, § 502(d),Dec. 13, 1991, 105 Stat. 1868.)
Prior Provisions

A prior section 2092,Pub. L. 92–181, title II, § 2.11, Dec. 10, 1971, 85 Stat. 598, related to board of directors, prior to the general amendment of this subchapter by Pub. L. 100–233, § 401.
Amendments

1991—Pub. L. 102–237substituted “stockholder, or agent” for “or stockholder”.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

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12 USCDescription of ChangeSession YearPublic LawStatutes at Large

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12 CFR - Banks and Banking

12 CFR Part 611 - ORGANIZATION

12 CFR Part 619 - DEFINITIONS

 

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