12 U.S.C. § 2208 - Prohibition against use of signed ballots

• Cite as: 12 U.S.C. § 2208

In any election or merger vote, or other proceeding subject to a vote of the stockholders (or subscribers to the guaranty fund of a bank for cooperatives), conducted by a lending institution of the Farm Credit System, the institution-

(1) may not use signed ballots; and

(2) shall implement measures to safeguard the voting process for the protection of the right of stockholders (or subscribers) to a secret ballot.

Cite as 12 U.S.C. § 2208

Source: Pub. L. 92-181, title IV, §4.20, as added Pub. L. 96-592, title IV, §403, Dec. 24, 1980, 94 Stat. 3447; amended Pub. L. 100-233, title IV, §425, Jan. 6, 1988, 101 Stat. 1657.

Notes from the Office of Law Revision Counsel

current through 5/23/2023

EDITORIAL NOTES