Roop's Law Assist
Waitlist

Section 34

At any sale of movable or immovable property MO MOffitcer of held under the provisions of this Act in order to or gage

Back to ActAct Subordinates
34. At any sale of movable or immovable property MO MOffitcer of held under the provisions of this Act in order to or gage k d . Bank g and recover any money due to a Mortgage Bank, no the Central Director, Secretary or other Officer of such Bank or Mortgage of the Central M )rtgage Bai:k (except o;i behalf of Ba1 a1n 1 nk ffiand the Bank of which he is a Director or Secretary e o cers ffi I or an 1 sa e o cers he ffi I . not to cers bid 0 cer) and no sa e officer or o th er persons . havmg at sale. any duty to perform in connection with such sal,., shall either directly or indirectly bid for or acquire or attempt to acquire any interest in such property. Delegation 35. Board may, if it fit , del egate all or of certain any of its powers under Sections ll, 17 and 23 to an powers by Executive Committee constituted by it and consisting Board. of two or more of its members.