No covered employee who is able to participate in a System institution board election because of System securities owned by virtue of retaining a pre-existing loan or extension of credit from a System institution in accordance with § 4001.104(b) shall take any part, directly or indirectly, in the nomination or election of a board member of a System institution, other than by exercising the right to vote. In addition, a covered employee shall not make any oral or written statement that may be reasonably construed as intending to influence any vote in such nominations or elections.
authority: 5 U.S.C. 7301,
7353;
5 U.S.C. App. (Ethics in Government Act of 1978);
12 U.S.C. 2277a-7,
2277a; E.O. 12674, 3 CFR, 1989 Comp., p. 215, as modified by E.O. 12731, 3 CFR, 1990 Comp., p. 306;
5 CFR 2635.105, 2635.403(a), 2635.502, 2635.702, 2635.802(a), 2635.803
source: 60 FR 30776, June 12, 1995, unless otherwise noted.
cite as: 5 CFR 4001.107