Farm Credit Act of 1953: Hearings Before ..., 83-1 on S. 1505 ..., May 11, 12, and 26, 1953

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Stran 8 - If any provision of this Act or the application thereof to any person or circumstance is held invalid, the remainder of the Act and the application of such provisions to other persons or circumstances shall not be affected thereby.
Stran 98 - Board, not more than one of whom shall be selected from any one Federal reserve district, the President shall have due regard to a fair representation of the financial, agricultural, industrial and commercial interests, and geographical divisions of the country.
Stran 1 - ... for a term of one year; two for a term of two years ; two for a term of three years ; and two for a term of four years.
Stran 55 - Farm Credit Act of 1953. This act directed the Board to make recommendations to the Congress for carrying into effect the declared policy to increase borrower participation in the management, control, and ultimate ownership of the permanent system of agricultural credit made available through the banks and associations operating under the supervision of the Farm Credit Administration.
Stran 2 - Board shall receive a salary at the rate of $10,000 per annum, together with necessary traveling and subsistence expenses, or per diem allowance in lieu thereof...
Stran 8 - ... such attorneys, special experts, examiners, clerks, and other employees as it may from time to time find necessary for the proper performance of its duties and as may be from time to time appropriated for by Congress.
Stran 94 - Each board is made up of seven members — one is elected by national farm loan associations, one by production credit associations, one by cooperatives which are stockholders or subscribers to the guaranty fund of the regional bank for cooperatives in the district, three appointed by the Governor of the Farm Credit Administration, and one member appointed by the Governor from the three candidates receiving the greatest number of nominating votes by national farm loan associations.
Stran 1 - Federal intermediate credit bank may release lists of the production credit associations of its district, and their secretary-treasurers; and for use in connection with the designation of nominees for the Federal Farm Credit Board or the nomination and election of members of a district farm credit board by...
Stran 1 - It is declared to be the policy of the Congress to encourage and facilitate increased borrower participation in the management, control, and ultimate ownership of the permanent system of agricultural credit made available through institutions operating under the supervision of the Farm Credit Administration, and the provisions of this Act shall be construed in keeping with this policy.
Stran 37 - ... a citizen of the United States and shall have been a resident of the territory...

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