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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 2269 Further penalties us united_states_code code_section 12 BANKS AND BANKING 23 FARM CREDIT SYSTEM 2269 12 U.S.C. § 2269 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s2269 data/legal/raw/us/code/title-12/usc12.xml aa3fe2e9ada89364487db367e83e52217d082b7a9f5926e2c24f6780df43ea2e e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 15c739010bc56d414223ddb8d325bb4fbc39e73e6f229814017a2e36d7488204 2026-07-04 official
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12 U.S.C. § 2269 - Further penalties

Text

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.

(Pub. L. 92181, title V, § 5.33, as added Pub. L. 99205, title II, § 204, Dec. 23, 1985, 99 Stat. 1701.)

Notes

Statutory Notes and Related Subsidiaries

Effective DateSection effective thirty days after Dec. 23, 1985, see section 401 of Pub. L. 99205, set out as an Effective Date of 1985 Amendment note under section 2001 of this title.