Any director or officer, or former director or officer of a System institution, or any other person, against whom there is outstanding and effective any notice or order (which is an order which has become final) served upon such director, officer, or other person under section 2264 or 2265 of this title, and who (1) participates in any manner in the conduct of the affairs of the institution involved, or directly or indirectly solicits or procures, or transfers or attempts to transfer, or votes or attempts to vote, any proxies, consents, or authorizations in respect of any voting rights in such institution, or (2) without the prior written approval of the Farm Credit Administration, votes for a director, serves or acts as a director, officer, or employee of any System institution, shall upon conviction be fined not more than $5,000 or imprisoned for not more than one year, or both.
Pub. L. 92–181, title V, § 5Pub. L. 99–205, title II, § 20499 Stat. 1701 (.33, as added , , .)
Statutory Notes and Related Subsidiaries
Effective Date
section 401 of Pub. L. 99–205section 2001 of this titleSection effective thirty days after , see , set out as an Effective Date of 1985 Amendment note under .