---
kind: "section"
citation: "12 U.S.C. § 2265a"
title: "12"
title_heading: "Banks and Banking"
number: "2265a"
heading: "Removal and prohibition authority; industry-wide prohibition"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/2265a"
units:
  - "Chapter 23 — Farm Credit System"
  - "Subchapter V — Farm Credit Administration Organization"
  - "Part C — Enforcement Powers of Farm Credit Administration"
---

# §2265a. Removal and prohibition authority; industry-wide prohibition

- (a) **Definition of person—** In this section, the term “[person](/usc/12/5481.md?p=19)” means—
  - (1) an individual; and
  - (2) in the case of a specific determination by the Farm [Credit](/usc/12/5481.md?p=7) Administration, a legal entity.
- (b) **Industry-wide prohibition—** Except as provided in [subsection (c)](#c), any [person](/usc/12/5481.md?p=19) who, pursuant to an order issued under section [2264](/usc/12/2264.md) or [2265](/usc/12/2265.md) of this title, has been removed or suspended from [office](/usc/12/2279bb.md?p=4) at a [System institution](/usc/12/2271.md?p=3) or prohibited from participating in the conduct of the affairs of a [System institution](/usc/12/2271.md?p=3) shall not, during the period of effectiveness of the order, continue or commence to hold any [office](/usc/12/2279bb.md?p=4) in, or participate in any manner in the conduct of the affairs of—
  - (1) any [insured depository institution](/usc/12/1861.md?p=b-4) subject to [section 1818(e)(7)(A)(i) of this title](/usc/12/1818.md?p=e-7-A-i);
  - (2) any [institution](/usc/12/2271.md?p=3) subject to [section 1818(e)(7)(A)(ii) of this title](/usc/12/1818.md?p=e-7-A-ii);
  - (3) any [insured credit union](/usc/12/5481.md?p=17) under the Federal [Credit](/usc/12/5481.md?p=7) Union Act ([12 U.S.C. 1751](/usc/12/1751.md) et seq.);
  - (4) any Federal home loan bank;
  - (5) any [institution](/usc/12/2271.md?p=3) chartered under this chapter;
  - (6) any appropriate Federal financial [institutions](/usc/12/2271.md?p=3) regulatory agency (as defined in [section 1818(e)(7)(D) of this title](/usc/12/1818.md?p=e-7-D));
  - (7) the Federal Housing Finance Agency; or
  - (8) the Farm [Credit](/usc/12/5481.md?p=7) Administration.
- (c) **Exception for institution-affiliated party that receives written consent—**
  - (1) **In general—**
    - (A) **Affiliated parties—** If, on or after the date on which an order described in [subsection (b)](#b) is issued that removes or suspends an [institution-affiliated party](/usc/12/2271.md?p=4) from [office](/usc/12/2279bb.md?p=4) at a [System institution](/usc/12/2271.md?p=3) or prohibits an [institution-affiliated party](/usc/12/2271.md?p=4) from participating in the conduct of the affairs of a [System institution](/usc/12/2271.md?p=3), that party receives written consent described in [subparagraph (B)](#c-1-B), [subsection (b)](#b) shall not apply to that party—
      - (i) to the extent provided in the written consent received; and
      - (ii) with respect to the [institution](/usc/12/2271.md?p=3) described in each written consent.
    - (B) **Written consent described—** The written consent referred to in [subparagraph (A)](#c-1-A) is written consent received from—
      - (i) the Farm [Credit](/usc/12/5481.md?p=7) Administration; and
      - (ii) each appropriate Federal financial [institutions](/usc/12/2271.md?p=3) regulatory agency (as defined in [section 1818(e)(7)(D) of this title](/usc/12/1818.md?p=e-7-D)) of the applicable [institution](/usc/12/2271.md?p=3) described in any of paragraphs [(1)](#b-1), [(2)](#b-2), [(3)](#b-3), or [(4)](#b-4) of subsection (b) with respect to which the party proposes to be become[^1] an affiliated party.
  - (2) **Disclosure—** Any agency described in clause [(i)](#c-1-B-i) or [(ii)](#c-1-B-ii) of paragraph (1)(B) that provides a written consent under that paragraph shall—
    - (A) report the action to the Farm [Credit](/usc/12/5481.md?p=7) Administration; and
    - (B) publicly disclose the action.
  - (3) **Consultation between agencies—** The agencies described in clauses [(i)](#c-1-B-i) and [(ii)](#c-1-B-ii) of paragraph (1)(B) shall consult with each other before providing any written consent under that paragraph.
- (d) **Violations—** A [violation](/usc/12/2271.md?p=2) of [subsection (b)](#b) by any [person](/usc/12/5481.md?p=19) who is subject to an order described in that subsection shall be treated as [violation](/usc/12/2271.md?p=2)[^2] of that order.

## Footnotes

[^1]: So in original.
[^2]: So in original. Probably should be preceded by “a”.

## Source credit

(Pub. L. 92–181, title V, § 5.29A, as added Pub. L. 115–334, title V, § 5406, Dec. 20, 2018, 132 Stat. 4676.)

## Notes

### Editorial Notes

### References in Text

The Federal Credit Union Act, referred to in subsec. (b)(3), is act June 26, 1934, ch. 750, 48 Stat. 1216, which is classified generally to chapter 14 (§ 1751 et seq.) of this title. For complete classification of this Act to the Code, see section 1751 of this title and Tables.