Title 12 — Banks and BankingRelease 119-73

§2274 Power to remove directors and officers

Title 12 › Chapter CHAPTER 23— - FARM CREDIT SYSTEM › Subchapter SUBCHAPTER V— - FARM CREDIT ADMINISTRATION ORGANIZATION › Part Part C— - Enforcement Powers of Farm Credit Administration › § 2274

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 12, §2274

Banks and Banking — Source: USLM XML via OLRC

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.

Legislative History

Notes & Related Subsidiaries

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”.

Reference

Citations & Metadata

Citation

12 U.S.C. § 2274

Title 12 — Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73