CONSERVATORSHIPS AND RECEIVERSHIPS.

SEC. 214 CONSERVATORSHIPS AND RECEIVERSHIPS. (a) Definitions.— Section 5.51 of the Farm Credit Act of 1971 (12 U.S.C. 2277a) is amended— (1) by striking paragraph (5); and (2) by redesignating paragraph (6) as paragraph (5). (b) General Corporate Powers.— Section 5.58 of the Farm Credit Act of 1971 (12 U.S.C. 2277a–7) is amended by striking paragraph (9) and inserting the following: “(9) Conservator or receiver.— The Corporation may act as a conservator or receiver.”.