Page:United States Statutes at Large Volume 99 Part 2.djvu/595

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PUBLIC LAW 99-000—MMMM. DD, 1985

PUBLIC LAW 99-205—DEC. 23, 1985

99 STAT. 1705

(A) in the matter preceding paragraph (1), inserting "regulation by" before "the Farm Credit Administration; and (B) striking out "or the Farm Credit Administration" in paragraph (19); (12) in section 2.13(c), striking out "the Governor of the Farm Credit Administration and"; (13) in section 2.13(d)— (A) striking out "to the Governor and"; and (B) striking out ", except that all" and all that follows through "voting hereunder". (14) in section 2.13(j), striking out "the Governor or"; (15) in section 2.14(b), striking out ", except that when the Governor" and all that follows through "Administration"; and (16) striking out the last two sentences of section 2.17. (e) Title III of the Farm Credit Act of 1971 is amended by— (1) in section 3.1— (A) in the matter preceding paragraph (1), striking out "supervision" and inserting in lieu thereof "regulation"; (B) in paragraph (13)(A), inserting "under regulations issued" after "authorized"; (C) striking out paragraph (16); and (D) redesignating paragraphs (17), (18), and (19) as paragraphs (16), (17), and (18), respectively; (2) in section 3.2(a), striking out "Governor with the advice and consent of the Federal Farm Credit Board"; and inserting in lieu thereof "Farm Credit Administration"; (3) in section 3.3(d), inserting "under regulations issued by" after "authorized"; (4) in section 3.3(e), striking out ", except for stock held by the Governor,". (5) in section 3.4, striking out "the Governor of; (6) in section 3.5— (A) striking out the first sentence and all that follows through "nonvoting" in the second sentence and inserting "Nonvoting" in lieu thereof; and (B) in the fourth sentence, striking out "When the requirements of section 4.0(b) have been met, voting" inserting in lieu thereof "Voting"; (7) striking out subsection (a) of section 3.11; (8) in section 3.11— (A) in subsection (b), striking out "Whenever" and all that follows through "Administration, the net" and inserting in lieu thereof "At the end of each fiscal year, the net"; and (B)(i) in subsection (c), striking out "subsection (a) or (b)" and inserting "subsection (b)" in lieu thereof; and (ii) in subsection (d), striking out "subsection (a) or (b)" and inserting "subsection (b)" in lieu thereof; (9) in section 3.12— (A) striking out ", any stock held by the Governor of the Farm Credit Administration at par"; and (B) striking out "stock held by the Governor of the Farm Credit Administration,"; and (10) striking out the last two sentences of section 3.13. (f) Title IV of the Farm Credit Act of 1971 is further amended by— (1) in section 4.2—

12 USC 2094.

12 USC 2095. 12 USC 2098. 12 USC 2122.

'— "^' 12 USC 2123. 12 USC 2124.

12 USC 2125. 12 USC 2126.

Ante, p. 1678. 12 USC 2132.

12 USC 2133.

12 USC 2134. 12 USC 2153.