Sec. 7.13. MERGER OF SIMILAR ASSOCIATIONS

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## SEC. 7.13 MERGER OF SIMILAR ASSOCIATIONS **[**[12 U.S.C. 2279f–1](/us/usc/t12/s2279f–1)**]** ###

(a)In General Associations may voluntarily merge with other like associations if the plan of merger is approved by— ####

(1)the Farm Credit Administration Board; ####

(2)the respective Boards of Directors of the associations involved; ####

(3)a majority vote of the stockholders of each association voting, in person or by proxy, at a duly authorized stockholders' meeting; and ####

(4)the Farm Credit Banks involved. ###

(b)Procedures The provisions of subsections

(b)and

(c)of section 7.8 shall apply to associations merged under this section. ## subtitle E Taxation of Merger Transactions

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Sec. 7.13

MERGER OF SIMILAR ASSOCIATIONS

Cite12 USC 2279f–1

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