View all text of Part E [§ 2277a - § 2277a-14]
§ 2277a–10a. Oversight actions by Corporation
(a) “Institution” defined
In this section, the term “institution” means—
(1) an insured System bank; and
(2) a production credit association or other association making loans under section 2279b of this title with a direct loan payable to the funding bank of the association that comprises 20 percent or more of the funding bank’s total loan volume net of nonaccrual loans.
(b) Consultation regarding participation of undercapitalized banks in issuance of insured obligations
(c) Consultation regarding applications for mergers and restructurings
(1) Corporation to receive copy of transaction applications
(2) Consultation required
(Pub. L. 92–181, title V, § 5.61A, as added Pub. L. 104–105, title II, § 218, Feb. 10, 1996, 110 Stat. 180.)