Federal Housing Finance Agency October 7, 2009 – Federal Register Recent Federal Regulation Documents

Federal Home Loan Bank Boards of Directors: Eligibility and Elections
Document Number: E9-24063
Type: Rule
Date: 2009-10-07
Agency: Federal Housing Finance Board, Agencies and Commissions, Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is adopting a final regulation on the eligibility and election of Federal Home Loan Bank (Bank) directors. The final rule implements section 1202 of the Housing and Economic Recovery Act of 2008, which amended section 7 of the Federal Home Loan Bank Act (Bank Act) as it relates to the eligibility and election of individuals to serve on the boards of directors of the Banks.