
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC2270]

 
                       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. 2270. Replacement of suspended or removed directors

    If at any time, because of the suspension or removal of one or more 
directors pursuant to section 2264 or 2265 of this title, there shall be 
on the board of directors of a System institution less than a quorum of 
directors not so suspended, the Chairman shall appoint persons to serve 
temporarily as directors in their place and stead so as to establish a 
quorum until such time as those who have been removed are reinstated or 
their respective successors are duly elected and take office.

(Pub. L. 92-181, title V, Sec. 5.34, as added Pub. L. 99-205, title II, 
Sec. 204, Dec. 23, 1985, 99 Stat. 1701.)


                             Effective Date

    Section effective thirty days after Dec. 23, 1985, see section 401 
of Pub. L. 99-205, set out as an Effective Date of 1985 Amendment note 
under section 2001 of this title.
