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12 U.S.C. · Banks and Banking
12 U.S.C. § 2267a

Jurisdiction over institution-affiliated parties

Ch. 23 — FARM CREDIT SYSTEM
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 23
Statutory Text

12 U.S.C. § 2267a — Jurisdiction over institution-affiliated parties

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 23 - FARM CREDIT SYSTEM SUBCHAPTER V - FARM CREDIT ADMINISTRATION ORGANIZATION Part C - Enforcement Powers of Farm Credit Administration Sec. 2267a - Jurisdiction over institution-affiliated parties From the U.S. Government Publishing Office, www.gpo.gov

§2267a. Jurisdiction over institution-affiliated parties

(a) In general For purposes of sections 2261, 2262, and 2268 of this title, the jurisdiction of the Farm Credit Administration over parties, and the authority of the Farm Credit Administration to initiate actions, shall include enforcement authority over institution-affiliated parties. (b) Effect of separation on jurisdiction and authority Subject to subsection (c), the resignation, termination of employment or participation, or separation of an institution-affiliated party (including a separation caused by the merger, consolidation, conservatorship, or receivership of a Farm Credit System institution) shall not affect the jurisdiction and authority of the Farm Credit Administration to issue any notice or order and proceed under this part against that party. (c) Limitation To proceed against a party under subsection (b), the notice or order described in that subsection shall be served not later than 6 years after the date on which the party ceased to be an institution-affiliated party with respect to the applicable Farm Credit System institution. (d) Applicability The date on which a party ceases to be an institution-affiliated party described in subsection (c) may occur before, on, or after December 20, 2018.

(Pub. L. 92–181, title V, §5.31A, as added Pub. L. 115–334, title V, §5407, Dec. 20, 2018, 132 Stat. 4677.)

Source: uscode.house.gov — public domain Official Source ↗
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BS-USC12-SEC-C3E6F0
Entity Class
STATUTE / FEDERAL-CODE-SECTION
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boisestandard.org
Citation
12 U.S.C. § 2267a
Jurisdiction
Federal — United States
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PRIMARY-SOURCE
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Content Hash
51c21bb2cabf5aed...
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The statutory text of 12 U.S.C. § 2267a is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 12 U.S.C. § 2267 12 U.S.C. § 2268 →
Ch. 23 — FARM CREDIT SYSTEM
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boisestandard.org → United States → Law → U.S. Code → Title 12 → 12 U.S.C. § 2267a