Pub. L. 100-233, tit. II, sec. 203

UNSAFE OR UNSOUND PRACTICES.

EnactedYear: 1988Length: 101 wordsOfficial source
SEC. 203. UNSAFE OR UNSOUND PRACTICES. Paragraph (4) of section 5.35 (12 U.S.C. 2271(4)) is amended to read as follows: “(4) the term ‘unsafe or unsound practice’ shall— “(A) have the meaning given to it by the Farm Credit Administration by regulation, rule, or order; and “(B) during the period beginning on the date of the enactment of this paragraph and ending December 31, 1992, mean any noncompliance by a System institution, as determined by the Farm Credit Administration in consultation with the Assistance Board, with any term or condition imposed on the institution by the Assistance Board under section 6.6.”.
Pub. L. 100-233, tit. II, sec. 203: UNSAFE OR UNSOUND PRACTICES. | Justis AI