Federal · Title 12 — Banks and Banking
12 U.S.C. § 2243: Powers of Board
Read the full statutory text
shall approve the rules and regulations for the implementation of this chapter not inconsistent with its provisions; shall provide for the examination of the condition of, and general regulation of the performance of the powers, functions, and duties vested in, each institution of the Farm Credit System; shall provide for the performance of all the powers and duties vested in the Farm Credit Administration; and may require such reports as it deems necessary from the institutions of the Farm Credit System.
Verify at the official source: Federal legislative text
Facing this? Know exactly what happens next.
MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.
This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.