12 U.S.C. § 2269

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 2269 - Further penalties

Any director or officer, or former director or officer of a System institution, or any other person, against whom there is outstanding and effective any notice or order (which is an order which has become final) served upon such director, officer, or other person under section 2264 or 2265 of this title, and who (1) participates in any manner in the conduct of the affairs of the institution involved, or directly or indirectly solicits or procures, or transfers or attempts to transfer, or votes or attempts to vote, any proxies, consents, or authorizations in respect of any voting rights in such institution, or (2) without the prior written approval of the Farm Credit Administration, votes for a director, serves or acts as a director, officer, or employee of any System institution, shall upon conviction be fined not more than $5,000 or imprisoned for not more than one year, or both.

12 U.S.C. § 2269

Pub. L. 92-181, title V, §5.33, as added Pub. L. 99-205, title II, §204, Dec. 23, 1985, 99 Stat. 1701.

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATESection 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.

Director
The term "Director" means the Director of the Bureau.
credit
The term "credit" means the right granted by a person to a consumer to defer payment of a debt, incur debt and defer its payment, or purchase property or services and defer payment for such purchase.
person
The term "person" means an individual, partnership, company, corporation, association (incorporated or unincorporated), trust, estate, cooperative organization, or other entity.