106 STAT. 4128 PUBLIC LAW 102-552—OCT. 28, 1992

Intermediate Credit Bank of Jackson and the Farm
Credit Bank of Texas.

"(ii) PROCEDURES.—Notwithstanding the United
States Arbitration Act (9 U.S.C. 1 et seq.), any petition
for review of a determination or other action of the
arbitrator under this subsection shall be filed not later
than 10 days after the determination, or the petition
shall be barred. The court specified under such Act
shall have exclusive jurisdiction to determine the
proceeding in accordance with the applicable proce-
dures under such Act, as supplemented by procedures
hereinafter provided, and no other district court shall
have jurisdiction over any such challenge in any such
proceeding. Notwithstanding any other provision of
law, the court may set rules governing the procedures
of any such proceeding that set page limits on briefs
and time limits for filing briefs and motions and other
actions that are shorter than the limits specified in
the United States Arbitration Act or the Federal Rules
of Civil or Appellate Procedure.

"(iii) EXPEDITED REVIEW.—Any such proceeding
before the court shall be assigned for hearing and
completed at the earliest possible date, and shall be
expedited in every way. The court shall render its
final decision relative to any challenge as soon as pos-
sible in accordance with the United States Arbitration
Act (9 U.S.C. 1 et sea.), or not later than 30 days
from the date the challenge is brought, whichever is
sooner, unless the court determines that a longer
period of time is required to satisfy the requirements
of the Constitution.".

12 use 2011 (b) LONG-TERM LENDING AUTHORITY OF THE FARM CREDIT BANK

note OP TEXAS WITH RESPECT TO THE STATES OF ALABAMA, LOUISIANA,

AND MISSISSIPPI.—

(1) IN GENERAL.—Notwithstanding any other provision of
law, the Farm Credit Bank of Texas may act hi accordance
with the exclusive charter of the bank, as amended by the
Farm Credit Administration on February 7, 1989, and effective
February 9, 1989 (except to the extent that the charter may
be further amended by the Farm Credit Administration in
accordance with its general authorities under the Farm Credit
Act of 1971 (12 U.S.C. 2001 et seq.), subject to such limitations
on the issuance of competitive charters as may be provided
in section 5.17 of such Act (12 U.S.C. 2252)).

(2) EFFECTIVE DATE.—Paragraph (1) shall take effect as
if such paragraph had become law on February 7,1989.

(c) DENIAL OF COMPETITIVE CHARTERS.—Section 5.17(aX2) (12
U.S.C. 2252(aX2)) is amended—

(1) by inserting W after "(2)"; and

(2) by adding at the end the following new subparagraphs:
"(B) The Farm Credit Administration shall not issue a

charter to, or approve an amendment to the charter of, any
institution of the Farm Credit System to operate under title
I or II that would authorize the institution to exercise lending
authority, whether directly or indirectly as an agent of a Farm
Credit Bank, in a territory in which the charter of another
such institution authorizes the other institution to exercise