12 USC 2274 – Power to remove directors and officers
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Notwithstanding any other provision of this chapter, a Farm Credit Bank board, officer, or employee shall not remove any director or officer of any association.
Terms Used In 12 USC 2274
- association: when used in reference to a corporation, shall be deemed to embrace the words "successors and assigns of such company or association" in like manner as if these last-named words, or words of similar import, were expressed. See 1 USC 5
- officer: includes any person authorized by law to perform the duties of the office. See 1 USC 1