12 USC 3041: Establishment; appointment, etc., of Director

12 USC 3041: Establishment; appointment, etc., of Director Text contains those laws in effect on November 20, 2024

From Title 12-BANKS AND BANKINGCHAPTER 31-NATIONAL CONSUMER COOPERATIVE BANKSUBCHAPTER II-OFFICE OF SELF-HELP DEVELOPMENT AND TECHNICAL ASSISTANCE

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§3041. Establishment; appointment, etc., of Director

(a) There is hereby established within the Bank an Office of Self-Help Development and Technical Assistance (hereinafter the "Office").

(b) The Office shall have a Director who shall be appointed by the President, with the advice and consent of the Senate, and who shall not be a member of the Board. Subject to review by the Board, the Director shall promulgate and publish in the Federal Register policies and procedures governing the operation of the Office.

( Pub. L. 95–351, title II, §201, Aug. 20, 1978, 92 Stat. 511 .)

Statutory Notes and Related Subsidiaries

Abolition of Office and Performance of Functions

For abolition of the Office of Self-Help Development and Technical Assistance and performance of the functions by a nonprofit corporation upon the incorporation of the nonprofit corporation, see section 3051 of this title.