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§ 1148d. —  Rights and powers unaffected by sections 1148b and 1148c. - US § 1148d. —  Rights and powers unaffected by sections 1148b and 1148c. - US Code : CHAN ROBLES VIRTUAL LAW LIBRARY

[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC1148d]

 
                       TITLE 12--BANKS AND BANKING
 
          CHAPTER 7B--REGIONAL AGRICULTURAL CREDIT CORPORATIONS
 
Sec. 1148d. Rights and powers unaffected by sections 1148b and 
        1148c
        
    Nothing contained in sections 1148b and 1148c of this title shall be 
construed as limiting the rights, powers, and authority granted prior to 
August 19, 1937, to the regional agricultural credit corporations, the 
Farm Credit Administration, or the Governor thereof by any Acts of 
Congress or Executive orders.

(Aug. 19, 1937, ch. 704, Sec. 34, 50 Stat. 717.)

                          Transfer of Functions

    Establishment of Farm Credit Administration as an independent 
agency, composition of Farm Credit Administration, appointment of 
Governor of Farm Credit Administration, and duties thereof, including 
duty to perform functions, etc., of Farm Credit Administration, see 
section 2241 et seq. of this title.

                  Exceptions From Transfer of Functions

    Functions of Farm Credit Administration or any agency, officer, or 
entity of, under, or subject to supervision of said Administration 
excepted from functions of officers, agencies, and employees transferred 
to Secretary of Agriculture by Reorg. Plan No. 2 of 1953, Sec. 1, eff. 
June 4, 1953, 18 F.R. 3219, 67 Stat. 633, set out in the Appendix to 
Title 5, Government Organization and Employees.




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