Business · 25/04/1997Updated: 10/17/2026 · 1 min read

Farm Credit Administration Proposes Changes to Cumulative Voting for Farm Credit Bank Directors

Summary

The Farm Credit Administration is proposing a change to its regulations, allowing Farm Credit Bank directors to eliminate cumulative voting with the consent of 75% of the bank's voting shareholders, rather than requiring unanimous consent.

Original source language: Federal Register — Farm Credit AdministrationOpen original release →

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