Election process.

CFR · 2024-01-01 · US · Title 12

(a) (1) A ballot shall include at least the following provisions: (i) For states in which one or more member directorships are to be filled in the election, an alphabetical listing of the names of each nominee for such directorship, the name, location, and FHFA ID number of the member each nominee serves, the nominee's title or position with the member, and the number of member directorships to be filled by the members in that voting state in the election; (ii) An alphabetical listing of the names of each nominee for a public interest independent directorship and a brief description of each nominee's experience representing consumer and community interests; (iii) An alphabetical listing of the names of each nominee for the other independent directorships and a brief description of each nominee's qualifications, including his or her knowledge or experience in the areas of financial management, auditing and accounting, risk management practices, derivatives, project development, organizational management, and any other area of knowledge or experience set forth in § 1261.7(e); (iv) A statement that write-in candidates are not permitted; and (v) A confidentiality statement prohibiting the Bank from disclosing how any member voted. (2) At the election of the Bank, a ballot also may include, in the body or as an attachment, a brief description of the skills and experience of each nominee for a member directorship. (b) (c) (d) (1) Mark on the ballot the name of not more than one of

official document · source cfr-2024 · id 12:§ 1261.8