Source: http://www.law.cornell.edu/uscode/text/12/2244?quicktabs_8=2
Timestamp: 2013-12-11 10:15:00
Document Index: 263037789

Matched Legal Cases: ['§ 2244', '§ 2244', '§ 2244', '§ 5', '§ 504', '§ 201', '§ 431']

12 USC § 2244 - Chairman; responsibilities; governing standards | Title 12 - Banks and Banking | U.S. Code | LII / Legal Information Institute
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12 USC § 2244 - Chairman; responsibilities; governing standards
Chairman of Farm Credit Administration Board; power and authority (1)
Under policies adopted by the Board, the Chairman shall consult on a regular basis with—
Governing standards In carrying out responsibilities under this chapter, the Chairman of the Board shall be governed by general policies adopted by the Board and by such regulatory decisions, findings, and determinations as the Board may by law be authorized to make and, as to third persons, all acts of the Chairman of the Board shall be conclusively presumed to be in compliance with such general policies and regulatory decisions, findings, and determinations.
Enforcement of rules, regulations, and orders of Board; civil proceedings; representation by attorneys The Chairman of the Board shall enforce the rules, regulations, and orders of the Board. Except as provided in section 518 of title 28, relating to litigation before the Supreme Court, attorneys designated by the Chairman shall represent the Farm Credit Administration in any civil proceeding or civil action brought in connection with the administration of conservatorships and receiverships. Attorneys designated by the Chairman may represent the Farm Credit Administration in any other civil proceedings or civil action when so authorized by the Attorney General under provisions of title 28.
(Pub. L. 92–181, title V, § 5.10, Dec. 10, 1971, 85 Stat. 619; Pub. L. 96–592, title V, § 504,Dec. 24, 1980, 94 Stat. 3449; Pub. L. 99–205, title II, § 201(1),Dec. 23, 1985, 99 Stat. 1689; Pub. L. 100–233, title IV, § 431(b),Jan. 6, 1988, 101 Stat. 1658.)
1988—Subsec. (a). Pub. L. 100–233amended subsec. (a) generally. Prior to amendment, subsec. (a) read as follows: “The Chairman of the Board shall be the executive officer of the Board and the chief executive officer of the Farm Credit Administration. The Chairman shall be responsible for directing the implementation of the policies and regulations adopted by the Board and the execution of all of the administrative functions and duties 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 adopted by the Board, the Chairman shall consult on a regular basis with the Secretary of the Treasury in connection 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. 99–205substituted provisions relating to the Chairman of the Board, his responsibilities, and governing standards for provisions relating to the Governor of the Farm Credit Administration.
1980—Pub. L. 96–592inserted provisions relating to requirements of the Governor to consult with the Secretary of the Treasury and the Governors of the Federal Reserve System.
This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.12 CFR - Title 12—Banks and Banking12 CFR 600 - ORGANIZATION AND FUNCTIONS12 CFR 611 - ORGANIZATION12 CFR 614 - LOAN POLICIES AND OPERATIONS12 CFR 615 - FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS12 CFR 616 - LEASING12 CFR 618 - GENERAL PROVISIONS12 CFR 622 - RULES OF PRACTICE AND PROCEDURE12 CFR 623 - PRACTICE BEFORE THE FARM CREDIT ADMINISTRATION12 CFR 627 - TITLE IV CONSERVATORS, RECEIVERS, AND VOLUNTARY LIQUIDATIONS