12 U.S.C. § 2277A
Section 2277a · Definitions
Current version, with additions and removals from the August 17, 1988 version.
As used in this part:
As used in this part:
(1) Board of Directors
(1) Board of Directors
The term “Board of Directors” means the Board of Directors of the Corporation.
The term “Board of Directors” means the Board of Directors of the Corporation.
(2) Corporation
(2) Corporation
The term “Corporation” means the Farm Credit System Insurance Corporation established in section 2277a–1 of this title.
The term “Corporation” means the Farm Credit System Insurance Corporation established in section 2277a–1 of this title.
(3) Insured obligation
(3) Insured obligation
The term “insured obligation” means any note, bond, debenture, or other obligation issued under subsection (c) or (d) of section 2153 of this title—
The term “insured obligation” means any note, bond, debenture, or other obligation issued under subsection (c) or (d) of section 2153 of this title—
(A) on or before January 5, 1989, on behalf of any System bank; and
(A) on or before January 5, 1989, on behalf of any System bank; and
(B) after such date, which, when issued, is issued on behalf of any insured System bank.
(B) after such date, which, when issued, is issued on behalf of any insured System bank.
(4) Insured System bank
(4) Insured System bank
The term “insured System bank” means any System bank whose participation in notes, bonds, debentures, and other obligations issued under subsection (c) or (d) of section 2153 of this title is insured under this part.
The term “insured System bank” means any System bank whose participation in notes, bonds, debentures, and other obligations issued under subsection (c) or (d) of section 2153 of this title is insured under this part.
The term “receiver” means a receiver or conservator appointed by the Farm Credit Administration for a System institution.
(6) State
The term “State” means any of the 50 States, the District of Columbia, any Territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, or the Virgin Islands.
The term “State” means any of the 50 States, the District of Columbia, any Territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, or the Virgin Islands.