Attached files
| file | filename |
|---|---|
| 8-K - FEDERAL AGRICULTURAL MORTGAGE CORP | v204474_8k.htm |
| EX-99.1 - FEDERAL AGRICULTURAL MORTGAGE CORP | v204474_ex99-1.htm |
Exhibit
3
BY-LAWS
ARTICLE
IV, Section 8, Second paragraph
The Board
of Directors shall select a Vice Chairman from among the directors appointed by
the President of the United States who shall have all the rights, duties and
obligations of the Chairman at any time when the incumbent Chairman is absent,
unable or unwilling so to act, and at any time when there is a vacancy in the
office of Chairman. The Vice Chairman shall serve at the pleasure of
the Board and shall be selected no less frequently than annually for a term
expiring on December 31 of each year. In the event the Vice Chairman
is acting as Chairman due to a vacancy in the office of Chairman, the Board may
elect an Acting Vice Chairman to perform the duties of the Vice Chairman until
such time as the Vice Chairman is no longer acting as Chairman.