Sec. 5505. Scope of jurisdiction

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Part C of title V of the Farm Credit Act of 1971 ( 12 U.S.C. 2261–2274 ) is amended by inserting after section 5.31 the following: For purposes of sections 5.25, 5.26, and 5.33, the jurisdiction of the Farm Credit Administration over parties, and the authority of the Farm Credit Administration to initiate actions, shall include enforcement authority over institution-affiliated parties. The resignation, termination of employment or participation, or separation of an institution-affiliated party (including a separation caused by the merger, consolidation, conservatorship, or receivership of a System institution) shall not affect the jurisdiction and authority of the Farm Credit Administration to issue any notice or order and proceed under this part against any such party, if the notice or order is served before the end of the 6-year period beginning on the date the party ceased to be such a party with respect to the System institution (whether the date occurs before, on, or after the date of the enactment of this section). .

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12 USC 2261–2274

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Sec. 5505

Scope of jurisdiction

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