§ 1148d. — Rights and powers unaffected by sections 1148b and 1148c.
[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.
