; and (2) by striking the 5th sentence. (d) Section 3.2(a)(1) of such Act ( 12 U.S.C. 2123(a)(1) ) is amended— (1) by striking not merged into the United Bank for Cooperatives or the National Bank for Cooperatives ; and (2) by adding at the end the following: Section 7.12(c) shall apply to the board of directors of a merged bank for cooperatives. . (e) Section 3.2(a)(2)(A) of such Act ( 12 U.S.C. 2123(a)(2)(A) ) is amended by striking (other than the National Bank for Cooperatives) . (f) Section 3.2 of such Act ( 12 U.S.C. 2123 ) is amended— (1) by striking subsection (b); (2) in subsection (a)(2)(B), by striking paragraph and inserting subsection ; (3) by striking (a)(1) and inserting (a) ; (4) by striking (2)(A) and inserting (b)(1) ; (5) by striking (i) and inserting (A) ; (6) by striking (ii) and inserting (B) ; and (7) by striking (B) and inserting (2) . (g) Section 3.5 of such Act ( 12 U.S.C. 2126 ) is amended by striking district . (h) Section 3.7(a) of such Act ( 12 U.S.C. 2128(a) ) is amended by striking the 2nd sentence. (i) Section 3.8(b)(1)(A) of such Act ( 12 U.S.C. 2129(b)(1)(A) ) is amended by inserting (or successor agency) after Rural Electrification Administration . (j) Section 3.9(a) of such Act ( 12 U.S.C. 2130(a) ) is amended by striking the 3rd sentence. (k) Section 3.10(c) of such Act ( 12 U.S.C. 2131(c) ) is amended by striking the 2nd sentence. (l) Section 3.10(d) of such Act ( 12 U.S.C. 2131(d) ) is amended— (1) by striking district each place it appears; and (2) by inserting for cooperatives or successor bank before on account of such indebtedness . (m) Section 3.11 of such Act ( 12 U.S.C. 2132 ) is amended— (1) in subsection (a), by striking subsections (b) and (c) and inserting subsection (b) ; (2) in subsection (b)— (A) by striking district ; and (B) by striking Except as provided in subsection (c) below, all and inserting All