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Code · STATUTE-COMPILATIONS · Farm Credit Act of 1971 · Sec. 5.9

Sec. 5.9. Powers of the Board

114 words·~1 min read·/statute-compilations/comps-10314/sec-5-9

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## Sec. 5.9 Powers of the Board **[**[12 U.S.C. 2243](/us/usc/t12/s2243)**]** 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 Act 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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Sec. 5.9
Powers of the Board
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