
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: 12USC2278a-7]

 
                       TITLE 12--BANKS AND BANKING
 
                     CHAPTER 23--FARM CREDIT SYSTEM
 
             SUBCHAPTER VI--ASSISTANCE TO FARM CREDIT SYSTEM
 
                        Part A--Assistance Board
 
Sec. 2278a-7. Administration


(a) Expenses

    The Financial Assistance Corporation shall pay the necessary and 
reasonable administrative expenses of the Assistance Board from funds in 
the Assistance Fund established in section 2278b-5 of this title.

(b) Interim funding

    Before the availability of funding from the Assistance Fund, the 
Assistance Board may use the revolving fund established under section 
2151 of this title. Such amounts used shall be repaid to the revolving 
fund out of the Assistance Fund within the same fiscal year that such 
funds were received by the Assistance Board.

(c) Assistance operations

    The Farm Credit Administration shall provide such personnel and 
facilities to the Assistance Board as the Farm Credit Administration 
considers are necessary to avoid unnecessary duplication and waste.

(d) Access to FCA documents

    The Assistance Board shall have access to all reports of examination 
and supervisory documents of the Farm Credit Administration, and 
relevant supporting material, for the purpose of carrying out the 
special powers of the Assistance Board under section 2278a-6 of this 
title, under such terms and conditions, acceptable to the Farm Credit 
Administration Board, as are necessary and appropriate to protect the 
confidentiality of the documents and materials.

(Pub. L. 92-181, title VI, Sec. 6.7, as added Pub. L. 100-233, title II, 
Sec. 201, Jan. 6, 1988, 101 Stat. 1591; amended Pub. L. 100-399, title 
II, Sec. 201(j), Aug. 17, 1988, 102 Stat. 991.)


                               Amendments

    1988--Subsec. (d). Pub. L. 100-399 substituted ``material,'' for 
``material'' and ``under such terms and conditions, acceptable'' for 
``under terms and conditions that are acceptable''.


                    Effective Date of 1988 Amendment

    Amendment by Pub. L. 100-399 effective as if enacted immediately 
after enactment of Pub. L. 100-233, which was approved Jan. 6, 1988, see 
section 1001(a) of Pub. L. 100-399, set out as a note under section 2002 
of this title.

                  Section Referred to in Other Sections

    This section is referred to in section 2151 of this title.
