Page:United States Statutes at Large Volume 99 Part 2.djvu/594

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PUBLIC LAW 99-000—MMMM. DD, 1985

99 STAT. 1704 12 USC 2033.

12 USC 2051. 12 USC 2054. 12 USC 2072.

12 USC 2073.

12 USC 2074.

12 USC 2077.

12 USC 2078. 12 USC 2091.

12 USC 2093.

PUBLIC LAW 99-205—DEC. 23, 1985 (5) in section 1.15— (A) inserting "the regulation" before "of the Farm Credit Administration" in the matter preceding paragraph (1); and (B) striking out "or delegated to" in paragraph (12); (6) in section 1.17(b)— (A) striking out paragraph (2); and (B) redesignating paragraph (3) as paragraph (2); and (7) in section 1.20, striking out "the Governor of the Farm Credit Administration", (e) Title II of the Farm Credit Act of 1971 is amended by— (1) in section 2.1— (A) striking out "supervision of " in the matter preceding paragraph (1) and inserting in lieu thereof "regulation by"; (B) striking out "vested in or delegated to the intermediate credit bank" in paragraph (14); and (C) striking out paragraph (21); (2) in the first sentence of section 2.2(d), striking out "the Governor of the Farm Credit Administration, and may"; (3) in section 2.2(f)— (A) striking out "Dividends" and all that follows through "noncumulative" and inserting "Noncumulative" in lieu thereof in the first sentence; and (B) striking out ", when the Governor of the Farm Credit Administration holds no stock in the bank," in the second sentence; (4) in section 2.2(g), striking out "After all stock held" and all that follows through "other stock" and inserting in lieu thereof "The bank may retire stock"; (5) in section 2.2(h), striking out "Governor" and inserting in lieu thereof "Farm Credit Administration"; (6) in the first sentence of section 2.3(c)— (A) striking out "(a)(l) and (2)" and inserting in lieu thereof "(a)(2)"; and (B) striking out "(in the case of financing institutions under subsection (a)(2) of this section)"; (7) striking out subsections (a) and (b) of section 2.6; (8) in section 2.6(c), by striking out "If, at" and all that follows through "the net earnings of such bank" and inserting in lieu thereof "At the end of each fiscal year, the net earnings of each Federal intermediate credit bank"; (9) in the first sentence of section 2.7, striking out ", of all the stock held by the Governor of the Farm Credit Administration at par; third; (10) in section 2.10— (A) striking out "the Governor o f in the sixth sentence; (B) striking out "Governor" in the seventh sentence and inserting in lieu thereof "Farm Credit Administration"; (C) striking out "Governor" in the eighth sentence and inserting in lieu thereof "Farm Credit Administration"; and (D) in the ninth sentence— (i) striking out "Governor" and inserting in lieu thereof "Farm Credit Administration"; and (ii) striking out "him" and "he" and inserting in lieu thereof in both places "Farm Credit Administration"; (11) in section 2.12—