12 U.S.C. § 2243 - Powers of Board

Cite as12 U.S.C. § 2243

The Board shall manage and administer, and establish policies for, the Farm Credit Administration. It-

(1) shall approve the rules and regulations for the implementation of this chapter not inconsistent with its provisions;

(2) shall provide for the examination of the condition of, and general regulation of the performance of the powers, functions, and duties vested in, each institution of the Farm Credit System;

(3) shall provide for the performance of all the powers and duties vested in the Farm Credit Administration; and

(4) may require such reports as it deems necessary from the institutions of the Farm Credit System.

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