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12 U.S.C. § 2092

Board of directors

United States · Title 12 — BANKS AND BANKING · Status: effective

Government Administration
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12 U.S.C. § 2092, Board of directors, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438150
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Full text

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.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.

  • Amended byPub. L. 100-233(H.R. 3030)1988-01-06
    Agricultural Credit Act of 1987
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 102-237(H.R. 3029)1991-12-13
    Food, Agriculture, Conservation, and Trade Act Amendments of 1991
    House: 417–5Senate: no recorded tally