§2249. Administrative expenses — Inbound Citations
12 U.S.C. § 2249
Cited by 1 provision in release 119-102.
Citations to 12 U.S.C. § 2249 as a whole
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(b) As an alternate to the rental of quarters under section 2249 of this title, and without regard to any other provision of law, the banks of the System, with the concurrence of two-thirds of the bank boards, are hereby authorized—(1) To lease or acquire real property in the District of Columbia or elsewhere for quarters of the Farm Credit Administration.(2) To construct, develop, furnish, and equip such building thereon and such facilities appurtenant thereto as in their judgment may be appropriate to provide, to the extent the Board may deem advisable, suitable, and adequate quarters and facilities for the Farm Credit Administration.(3) To enlarge, remodel, or reconstruct the same.(4) To make or enter into contracts for any of the foregoing.(5) To sell or otherwise dispose of any interest in property leased or acquired under the foregoing if authorized by the Board.