The term “Board of Directors” means the Board of Directors of the Corporation.
The term “Corporation” means the Farm Credit System Insurance Corporation established in section
2277a–1 of this title.
(3) Insured obligation
The term “insured obligation” means any note, bond, debenture, or other obligation issued under subsection (c) or (d) ofsection
2153 of this title—
(A)on or before January 5, 1989, on behalf of any System bank; and
(B)after such date, which, when issued, is issued on behalf of any insured System bank.
(4) Insured System bank
The term “insured System bank” means any System bank whose participation in notes, bonds, debentures, and other obligations issued under subsection (c) or (d) ofsection
2153 of this title is insured under this part.
The term “State” means any of the 50 States, the District of Columbia, any Territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, or the Virgin Islands.
1996—Pars. (5), (6). Pub. L. 104–105redesignated par. (6) as (5) and struck out heading and text of former par. (5). Text read as follows: “The term ‘receiver’ means a receiver or conservator appointed by the Farm Credit Administration for a System institution.”
1988—Par. (3)(A), (B). Pub. L. 100–399, § 302(a), amended subpars. (A) and (B) generally. Prior to amendment, subpars. (A) and (B) read as follows:
“(A) on or before January 6, 1988, on behalf of any System bank; and
“(B) after such date, on behalf of any insured System bank.”
Termination of Trust Territory of the Pacific Islands
For termination of Trust Territory of the Pacific Islands, see note set out preceding section
1681 of Title
48, Territories and Insular Possessions.
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
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
Description of Change
Statutes at Large
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