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Type: Statute
Statute: 1971 ACT AS AMENDED
Title: Title II Farm Credit Associations
Subtitle: Subtitle A Production Credit Associations
Chapter Name:
U.S. Code Citation: 12 U.S.C. 2072

12 U.S.C. 2072 SEC. 2.1. BOARD OF DIRECTORS.
Each production credit association shall elect from the voting members of such association, a board of directors of such number, for such terms, with such qualifications, and in such manner as may be required by the bylaws of the association, except that at least one member shall be elected by the other directors, which member shall not be a director, officer, employee, stockholder, or agent of a System institution.

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