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12 USC § 2275a - Transition rules relating to amendment of certain FCA approval authorities 

---
identifier: "/us/usc/t12/s2275a"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 2275a - Transition rules relating to amendment of certain FCA approval authorities"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "2275a"
section_name: "Transition rules relating to amendment of certain FCA approval authorities"
chapter_number: 23
chapter_name: "FARM CREDIT SYSTEM"
subchapter_number: "V"
subchapter_name: "FARM CREDIT ADMINISTRATION ORGANIZATION"
part_number: "D"
part_name: "Miscellaneous"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 92–181, title V, § 5.45, as added Pub. L. 100–233, title VIII, § 802(w), Jan. 6, 1988, 101 Stat. 1713.)"
---

# § 2275a. Transition rules relating to amendment of certain FCA approval authorities

**(a)** **In general** January 6, 1988

Any approvals granted by the Farm Credit Administration before , shall remain in effect on and after such date.

**(b)** **Authority to issue regulations**

**(1)** **In general** January 6, 1988

Any approval authority of the Farm Credit Administration that, under the amendments made by section 802 of the Agricultural Credit Act of 1987, became an authority to issue regulations may be exercised only until the earlier of the date the Farm Credit Administration issues final regulations under such authority, or 1 year after .

**(2)** **Enforcement actions** At the close of the 1-year period referred to in paragraph (1), the Farm Credit Administration shall not take any enforcement action against any System institution with respect to any provision so amended, until the Farm Credit Administration issues final regulations under such provision.

**(c)** **Effect of section** section 2252(a)(5) of this title

This section shall not affect the authority of the Farm Credit Administration to exercise any other approval authority either on a case-by-case basis or through regulation, as provided in .

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**Source Credit**: (Pub. L. 92–181, title V, § 5.45, as added Pub. L. 100–233, title VIII, § 802(w), Jan. 6, 1988, 101 Stat. 1713.)

## Editorial Notes

### References in Text

The amendments made by section 802 of the Agricultural Credit Act of 1987, referred to in subsec. (b)(1), are the amendments made by , title VIII, , , which enacted  and amended sections 2011 to 2013, 2017, 2031, 2051, 2052, 2071 to 2073, 2077, 2091, 2121, 2122, 2124, 2126, 2130, 2132, 2212, 2213, 2223, and 2252 of this title. For complete classification of section 802 to the Code, see Tables.