Section 22Sec./Art. 22

The second paragraph of Section 10 paragraph (i) of the same Act, as renumbered, is hereby amended to read as follows:

(i) Notwithstanding the provisions of this section and Section 3 of this Act, members of the Board of Directors and personnel of the Corporation may become directors and officers of any bank and banking institution and of any entity related to such institution in connection with financial assistance extended by the Corporation to such institution and when, in the opinion of the Board, it is appropriate to make such designation to protect the interest of the Corporation.