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12 U.S.C. 2274: Power to remove directors and officersText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 12-BANKS AND BANKINGCHAPTER 23-FARM CREDIT SYSTEM
Jump To: Source CreditEditorial NotesAmendments

§2274. Power to remove directors and officers

Notwithstanding any other provision of this chapter, a Farm Credit Bank board, officer, or employee shall not remove any director or officer of any association.

( Pub. L. 92–181, title V, § 5 .38, as added Pub. L. 100–233, title IV, § 432(c) , Jan. 6, 1988 , 101 Stat. 1661 ; amended Pub. L. 115–334, title V, § 5411(35) , Dec. 20, 2018 , 132 Stat. 4683 .)

Editorial Notes

Amendments

2018⁠—Pub. L. 115–334 substituted “a Farm Credit Bank board, officer, or employee shall not remove any director or officer of any” for “a farm credit district board, bank board, or bank officer or employee shall not remove any director or officer of any production credit association or Federal land bank”.