View Source

7 U.S. Code § 1505

Management of Corporation

7 U.S. Code § 1505. Management of Corporation

(a) Board of Directors
(1) Establishment
The management of the Corporation shall be vested in a Board of Directors subject to the general supervision of the Secretary.
(2) CompositionThe Board shall consist of only the following members:
(A)
The manager of the Corporation, who shall serve as a nonvoting ex officio member.
(B)
The Under Secretary of Agriculture responsible for the Federal crop insurance program.
(C)
One additional Under Secretary of Agriculture (as designated by the Secretary).
(D)
The Chief Economist of the Department of Agriculture.
(E)
One person experienced in the crop insurance business.
(F)
One person experienced in reinsurance or the regulation of insurance.
(G)
Four active producers who are policy holders, are from different geographic areas of the United States, and represent a cross-section of agricultural commodities grown in the United States, including at least one specialty crop producer.
(3) Appointment of private sector membersThe members of the Board described in subparagraphs (E), (F), and (G) of paragraph (2)—
(A)
shall be appointed by, and hold office at the pleasure of, the Secretary;
(B)
shall not be otherwise employed by the Federal Government;
(C)
shall be appointed to staggered 4-year terms, as determined by the Secretary; and
(D)
shall serve not more than two consecutive terms.
This document is only available to subscribers. Please log in or purchase access.
Purchase Login

About SCCE

The Society of Corporate Compliance and Ethics (SCCE) is a non-profit, member-based professional association. SCCE supports our members' work with education, news, and discussion forums. We are a community of leaders, defining and shaping the corporate compliance environment across a wide range of industries and geographic regions. In developing and maintaining effective ethics and compliance programs, our members strengthen and protect their companies.

952.933.4977

About HCCA

The Health Care Compliance Association (HCCA), is a 501(c)6 non-profit, member-based professional association. HCCA was established in 1996 and is headquartered in Minneapolis, MN. We provide training, certification, and other resources to over 10,000 members. Our members include compliance officers and staff from a wide range of organizations, including hospitals, research facilities, clinics and technology service providers.

952.988.0141

Facebook Twitter LinkedIn
Copyright © 2024 by Society of Corporate Compliance and Ethics (SCCE) & Health Care Compliance Association (HCCA). No claim to original US Government works. All rights reserved. All information provided through this site, including without limitation all information such as the “look and feel” of the site, data files, graphics, text, photographs, drawings, logos, images, sounds, music, video or audio files on this site, is owned and/or licensed by SCCE & HCCA or its suppliers and is subject to United States and international copyright, trademark and other intellectual property laws. Any third party logos and/or content provided herein is owned by such third parties and is used by permission herein. Your use of this site to is subject to our Terms Of Use and Privacy Statement.
Cookie settings