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FCA Regulations
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Hide details for PART 600 - ORGANIZATION AND FUNCTIONSPART 600 - ORGANIZATION AND FUNCTIONS
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Hide details for Subpart A - Farm Credit AdministrationSubpart A - Farm Credit Administration
600.1The Farm Credit Act.
600.2Farm Credit Administration.
600.3Farm Credit Administration Board.
600.4 Organization of the Farm Credit Administration.
Hide details for Subpart B - Rules and Procedures for Service Upon the Farm Credit AdministrationSubpart B - Rules and Procedures for Service Upon the Farm Credit Administration
600.10Service of Process.
Hide details for PART 601 - EMPLOYEE RESPONSIBILITIES AND CONDUCTPART 601 - EMPLOYEE RESPONSIBILITIES AND CONDUCT
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601.100Cross-references to employee ethical conduct standards and financial disclosure regulations.
Hide details for PART 602 - RELEASING INFORMATIONPART 602 - RELEASING INFORMATION
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Hide details for Subpart A - Information and Records GenerallySubpart A - Information and Records Generally
602.1Purpose and scope.
602.2Disclosing reports of examination and other non-public information.
Hide details for Subpart B - Availability of Records of the Farm Credit AdministrationSubpart B - Availability of Records of the Farm Credit Administration
602.3Definitions.
602.4How to make a request.
602.5FCA response to requests for records.
602.6FOIA exemptions.
602.7Confidential business information.
602.8Appeals.
602.9Current FOIA index.
Hide details for Subpart C - FOIA FeesSubpart C - FOIA Fees
602.10Definitions.
602.11Fees by type of requester.
602.12Fees.
602.13Fee waiver.
602.14Advance payments -- notice.
602.15Interest on unpaid fees.
602.16Combining requests.
Hide details for Subpart D - Testimony and Production of Documents in Legal Proceedings in Which FCA Is Not a Named PartySubpart D - Testimony and Production of Documents in Legal Proceedings in Which FCA Is Not a Named Party
602.17Policy.
602.18Definitions.
602.19Request for testimony or production of documents.
602.20Testimony of FCA employees.
602.21Production of FCA documents.
602.22Fees.
602.23Responses to demands served on FCA employees.
602.24Responses to demands served on non-FCA employees or entities.
Hide details for Subpart E - Release of Records in Public Rulemaking FilesSubpart E - Release of Records in Public Rulemaking Files
602.25General.
Hide details for PART 603 - PRIVACY ACT REGULATIONSPART 603 - PRIVACY ACT REGULATIONS
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603.300Purpose and scope.
603.305Definitions.
603.310Procedures for requests pertaining to individual records in a record system.
603.315Times, places, and requirements for identification of individuals making requests.
603.320Disclosure of requested information to individuals.
603.325Special procedures for medical records.
603.330Request for amendment to record.
603.335Agency review of request for amendment of record.
603.340Appeal of an initial adverse determination of a request to amend a record.
603.345Fees for providing copies of records.
603.350Criminal penalties.
603.355Exemptions.
Hide details for PART 604 - FARM CREDIT ADMINISTRATION BOARD MEETINGSPART 604 - FARM CREDIT ADMINISTRATION BOARD MEETINGS
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604.400Definitions.
604.405Notice of public observation.
604.410Scope of application.
604.415Open meetings.
604.420Exemptive provisions.
604.425Announcement of meetings.
604.430Closure of meetings.
604.435Record of closed meetings or closed portion of a meeting.
604.440Requests for information.
Hide details for PART 605 - INFORMATIONPART 605 - INFORMATION
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605.500Policy.
605.501Information Security Officer.
605.502Programs and procedures.
Hide details for PART 606 - ENFORCEMENT OF NONDISCRIMINATION ON THE BASIS OF HANDICAP IN PROGRAMS OR ACTIVITIES CONDUCTED BY THPART 606 - ENFORCEMENT OF NONDISCRIMINATION ON THE BASIS OF HANDICAP IN PROGRAMS OR ACTIVITIES CONDUCTED BY THE FARM CREDIT ADMINISTRATION
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Hide details for No SubpartNo Subpart
606.601Purpose.
606.602Application.
606.603Definitions.
606.604-606.609[Reserved]
606.610Self-evaluation.
606.611Notice.
606.612-606.629[Reserved]
606.630General prohibitions against discrimination.
606.631-606.639[Reserved]
606.640Employment.
606.641-606.648[Reserved]
606.649Program accessibility: Discrimination prohibited.
606.650Program accessibility: Existing facilities.
606.651Program accessibility: New construction and alterations.
606.652-606.659[Reserved]
606.660Communications.
606.661 - 606.669[Reserved]
606.670Compliance procedures.
606.671-606.999[Reserved]
Hide details for PART 607 - ASSESSMENT AND APPORTIONMENT OF ADMINISTRATIVE EXPENSESPART 607 - ASSESSMENT AND APPORTIONMENT OF ADMINISTRATIVE EXPENSES
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607.1Purpose and scope.
607.2Definitions.
607.3Assessment of banks, associations, and designated other System entities.
607.4Assessment of other System entities.
607.5Notice of assessment.
607.6Payment of assessment.
607.7Late-payment charges on assessments.
607.8Reimbursements for services to non-System entities.
607.9Reimbursable billings.
607.10Adjustments for overpayment or underpayment of assessments.
607.11Report of assessments and expenses.
Hide details for PART 608 - COLLECTION OF CLAIMS OWED THE UNITED STATESPART 608 - COLLECTION OF CLAIMS OWED THE UNITED STATES
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Hide details for Subpart A - Administrative Collection of ClaimsSubpart A - Administrative Collection of Claims
608.801Authority.
608.802Applicability.
608.803Definitions.
608.804Delegation of authority.
608.805Responsibility for collection.
608.806Demand for payment.
608.807Right to inspect and copy records.
608.808Right to offer to repay claim.
608.809Right to agency review.
608.810Review procedures.
608.811Special review.
608.812Charges for interest, administrative costs, and penalties.
608.813Contracting for collection services.
608.814Reporting of credit information.
608.815Credit report.
Hide details for Subpart B - Administrative OffsetSubpart B - Administrative Offset
608.820Applicability.
608.821Collection by offset.
608.822Notice requirements before offset.
608.823Right to review of claim.
608.824Waiver of procedural requirements.
608.825Coordinating offset with other Federal agencies.
608.826Stay of offset.
608.827Offset against amounts payable from Civil Service Retirement and Disability Fund.
Hide details for Subpart C - Offset Against SalarySubpart C - Offset Against Salary
608.835Purpose.
608.836Applicability of regulations.
608.837Definitions.
608.838Waiver requests and claims to the General Accounting Office.
608.839Procedures for salary offset.
608.840Refunds.
608.841Requesting current paying agency to offset salary.
608.842Responsibility of the FCA as the paying agency.
608.843Nonwaiver of rights by payments.
Hide details for PART 609 - ELECTRONIC COMMERCEPART 609 - ELECTRONIC COMMERCE
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Hide details for Subpart A - General RulesSubpart A - General Rules
609.905Background.
609.910Compliance with the Electronic Signatures in Global and National Commerce Act (Public Law 106-229) (E-SIGN).
609.915Compliance with Federal Reserve Board Regulations B, M, and Z.
Hide details for Subpart B - Interpretations and DefinitionsSubpart B - Interpretations and Definitions
609.920Interpretations.
609.925Definitions.
Hide details for Subpart C - Standards for Boards and ManagementSubpart C - Standards for Boards and Management
609.930Policies and procedures.
609.935Business planning.
609.940Internal systems and controls.
609.945Records retention.
Hide details for Subpart D - General Requirements for Electronic CommunicationsSubpart D - General Requirements for Electronic Communications
609.950Electronic communications.
Hide details for PART 610 - REGISTRATION OF MORTGAGE LOAN ORIGINATORSPART 610 - REGISTRATION OF MORTGAGE LOAN ORIGINATORS
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610.101Cross-reference.
Hide details for PART 611 - ORGANIZATIONPART 611 - ORGANIZATION
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Hide details for Subpart A - GeneralSubpart A - General
611.100 Definitions.
611.110Meetings of stockholders.
Hide details for Subpart B - Bank and Association Board of DirectorsSubpart B - Bank and Association Board of Directors
611.210Director qualifications and training.
611.220Outside directors.
Hide details for Subpart C - Election of Directors and Other Voting ProceduresSubpart C - Election of Directors and Other Voting Procedures
611.310Eligibility for membership on bank and association boards and subsequent employment.
611.320Impartiality in the election of directors.
611.325Bank and association nominating committees.
611.326Floor nominations for open Farm Credit bank and association director positions.
611.330Disclosures of Farm Credit bank and association director-nominees.
611.340Confidentiality and security in voting.
611.350Application of cooperative principles to the election of directors.
611.360[Removed and reserved]
Hide details for Subpart D - Compensation Practices of Farm Credit Banks and AssociationsSubpart D - Compensation Practices of Farm Credit Banks and Associations
611.400Compensation of bank board members.
611.410[Removed and reserved]
Hide details for Subpart E - Transfer of AuthoritiesSubpart E - Transfer of Authorities
611.500General.
611.501Procedures.
611.505Farm Credit Administration review.
611.510Approval procedures.
611.515Information statement.
611.520Plan of transfer.
611.525Stockholder reconsideration.
Hide details for Subpart F - Bank Mergers, Consolidations and Charter AmendmentsSubpart F - Bank Mergers, Consolidations and Charter Amendments
611.1000General authority.
611.1010Bank charter amendment procedures.
611.1020Requirements for mergers or consolidations of banks.
611.1030[Removed and Reserved]
611.1040Creation of new associations.
Hide details for Subpart G - Mergers, Consolidations, and Charter Amendments of AssociationsSubpart G - Mergers, Consolidations, and Charter Amendments of Associations
611.1120General authority.
611.1121Charter amendment procedures.
611.1122Requirements for mergers or consolidations.
611.1123Merger or consolidation agreements.
611.1124Territorial adjustments.
611.1125Treatment of associations not approving districtwide mergers.
Hide details for Subpart H - Rules for Inter-System Fund TransfersSubpart H - Rules for Inter-System Fund Transfers
611.1130Inter-System transfer of funds and equities.
Hide details for Subpart I - Service CorporationsSubpart I - Service Corporations
611.1135Incorporation of service corporations.
611.1136Regulation and examination of service corporations.
611.1137Title VIII service corporations.
Hide details for Subpart J - Unincorporated Business EntitiesSubpart J - Unincorporated Business Entities
611.1150Purpose and scope.
611.1151Definitions.
611.1152Authority over equity investments in UBEs for business activity.
611.1153General restrictions and prohibitions on the use of UBEs.
611.1154Notice of equity investments in UBEs.
611.1155Approval of equity investments in UBEs.
611.1156Ongoing requirements.
611.1157Disclosure and reporting requirements.
611.1158Grandfather provision.
Hide details for Subpart P - Termination of System Institution StatusSubpart P - Termination of System Institution Status
611.1200Applicability of this subpart.
611.1205Definitions that apply in this subpart.
611.1210Advance notices--commencement resolution and notice to equity holders.
611.1211Special requirements.
611.1215Communications with the public and equity holders.
611.1216Public availability of documents related to the termination.
611.1217Plain language requirements.
611.1218Role of directors.
611.1219Prohibited acts.
611.1220Termination resolution.
611.1221Submission to FCA of plan of termination and disclosure information; other required submissions.
611.1223Plan of termination--contents.
611.1230FCA review and approval--plan of termination.
611.1235Plan of termination--distribution.
611.1240Voting record date and stockholder approval.
611.1245Stockholder reconsideration.
611.1246Filing of termination application and its contents.
611.1247FCA review and approval--termination.
611.1250Preliminary exit fee estimate.
611.1255Exit fee calculation.
611.1260Payment of debts and assessments--terminating association.
611.1265Retirement of a terminating association's investment in its affiliated bank.
611.1270Repayment of obligations--terminating bank.
611.1275Retirement of equities held by other System institutions.
611.1280Dissenting stockholders' rights.
611.1285Loan refinancing by borrowers.
611.1290Continuation of borrower rights.
Hide details for Subparts K, L, M, N, and O - [Reserved]Subparts K, L, M, N, and O - [Reserved]
Hide details for PART 612 - STANDARDS OF CONDUCT AND REFERRAL OF KNOWN OR SUSPECTED CRIMINAL VIOLATIONSPART 612 - STANDARDS OF CONDUCT AND REFERRAL OF KNOWN OR SUSPECTED CRIMINAL VIOLATIONS
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Authority
Hide details for Subpart A - Standards of ConductSubpart A - Standards of Conduct
612.2130Definitions.
612.2135Director and employee responsibilities and conduct--generally.
612.2140Directors--prohibited conduct.
612.2145Director reporting.
612.2150Employees--prohibited conduct.
612.2155Employee reporting.
612.2157Joint employees.
612.2160Institution responsibilities.
612.2165Policies and procedures.
612.2170Standards of Conduct Official.
612.2260Standards of conduct for agents.
612.2270Purchase of System obligations.
Hide details for Subpart B - Referral of Known or Suspected Criminal ViolationsSubpart B - Referral of Known or Suspected Criminal Violations
612.2300Purpose and scope.
612.2301Referrals.
612.2302Notification of board of directors and bonding company.
612.2303Institution responsibilities.
Hide details for PART 613 - ELIGIBILITY AND SCOPE OF FINANCINGPART 613 - ELIGIBILITY AND SCOPE OF FINANCING
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Hide details for Subpart A - Financing Under Titles I and II of the Farm Credit ActSubpart A - Financing Under Titles I and II of the Farm Credit Act
613.3000Financing for farmers, ranchers, and aquatic producers or harvesters.
613.3005Lending objective.
613.3010Financing for processing or marketing operations.
613.3020Financing for farm-related service businesses.
613.3030Rural home financing.
Hide details for Subpart B - Financing for Banks Operating Under Title III of the Farm Credit ActSubpart B - Financing for Banks Operating Under Title III of the Farm Credit Act
613.3100Domestic lending.
613.3200International lending.
Hide details for Subpart C - Similar Entity Authority Under Sections 3.1(11)(B) and 4.18A of the ActSubpart C - Similar Entity Authority Under Sections 3.1(11)(B) and 4.18A of the Act
613.3300Participations and other interests in loans to similar entities.
Hide details for PART 614 - LOAN POLICIES AND OPERATIONSPART 614 - LOAN POLICIES AND OPERATIONS
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Hide details for AppendicesAppendices
APPENDIX A TO SUBPART S OF PART 614--SAMPLE FORM OF NOTICE OF SPECIAL FLOOD HAZARDS AND AVAILABILITY OF FEDERAL DISASTER RELIEF ASSISTANCE
Hide details for Subpart A - Lending AuthoritiesSubpart A - Lending Authorities
614.4000Farm Credit Banks.
614.4010Agricultural credit banks.
614.4020Banks for cooperatives.
614.4030Federal land credit associations.
614.4040Production credit associations.
614.4050Agricultural credit associations.
614.4055Federal Agricultural Mortgage Corporation loan participations.
614.4060Affiliates established pursuant to section 8.5(e)(1) of the Farm Credit Act of 1971.
Hide details for Subpart B - Chartered TerritoriesSubpart B - Chartered Territories
614.4070Loans and chartered territory--Farm Credit Banks, agricultural credit banks, Federal land bank associations, Federal land credit associations, production credit associations, and agricultural credit associations.
614.4080Loans and chartered territory--banks for cooperatives.
Hide details for Subpart C - Bank/Association Lending RelationshipSubpart C - Bank/Association Lending Relationship
614.4100Policies governing lending through Federal land bank associations.
614.4110Transfer of direct lending authority to Federal land bank associations and agricultural credit associations.
614.4120Policies governing extensions of credit to direct lender associations and OFIs.
614.4125Funding and discount relationships between Farm Credit Banks or agricultural credit banks and direct lender associations.
614.4130Funding and discount relationships between Farm Credit Banks or agricultural credit banks and OFIs.
Hide details for Subpart D - General Loan Policies for Banks and AssociationsSubpart D - General Loan Policies for Banks and Associations
614.4150Lending policies and loan underwriting standards.
614.4155Interest rates.
614.4160Differential interest rate programs.
614.4165Young, beginning, and small farmers and ranchers.
614.4170General.
614.4175Uninsured voluntary and involuntary accounts.
Hide details for Subpart E - Loan Terms and ConditionsSubpart E - Loan Terms and Conditions
614.4200General requirements.
614.4231Certain seasonal commodity loans to cooperatives.
614.4232Loans to domestic lessors.
614.4233International loans.
Hide details for Subpart F - Collateral Evaluation RequirementsSubpart F - Collateral Evaluation Requirements
614.4240Collateral definitions.
614.4245Collateral evaluation policies.
614.4250Collateral evaluation standards.
614.4255Independence requirements.
614.4260Evaluation requirements.
614.4265Real property evaluations.
614.4266Personal and intangible property evaluations.
614.4267Professional association membership; competency.
Hide details for Subpart G - [Reserved]Subpart G - [Reserved]
Hide details for Subpart H - Loan Purchases and SalesSubpart H - Loan Purchases and Sales
614.4325Purchase and sale of interests in loans.
614.4330Loan participations.
614.4335Borrower stock requirements.
614.4336[Removed]
614.4337Disclosure to borrowers.
Hide details for Subpart I - Loss-Sharing AgreementsSubpart I - Loss-Sharing Agreements
614.4340General.
614.4341[Removed]
614.4345Guaranty Agreements.
Hide details for Subpart J - Lending and Leasing LimitsSubpart J - Lending and Leasing Limits
614.4350Definitions.
614.4351Computation of lending and leasing limit base.
614.4352Farm Credit Banks and agricultural credit banks.
614.4353Direct lender associations.
614.4354[Removed]
614.4355Banks for cooperatives.
614.4356Farm Credit Leasing Services Corporation.
614.4357Banks for cooperatives look-through notes.
614.4358Computation of obligations.
614.4359Attribution rules.
614.4360Lending and leasing limit violations.
614.4361Transition.
614.4362Loan and lease concentration risk mitigation policy.
Hide details for Subpart K - [Removed]Subpart K - [Removed]
Hide details for Subpart L - [Removed]Subpart L - [Removed]
Hide details for Subpart M - Loan Approval RequirementsSubpart M - Loan Approval Requirements
614.4450General requirements.
614.4460Loan approval responsibility.
614.4470Loans subject to bank approval.
Hide details for Subpart N - [Reserved]Subpart N - [Reserved]
614.4511[Removed and Reserved]
614.4512[Removed]
614.4514-614.4522[Removed]
Hide details for Subpart O - Special Lending ProgramsSubpart O - Special Lending Programs
614.4525General.
614.4530Special loans, production credit associations and agricultural credit associations.
Hide details for Subpart P - Farm Credit Bank and Agricultural Credit Bank Financing of Other Financing InstitutionsSubpart P - Farm Credit Bank and Agricultural Credit Bank Financing of Other Financing Institutions
614.4540Other financing institution access to Farm Credit Banks and agricultural credit banks for funding, discount, and other similar financial assistance.
614.4550Place of discount.
614.4560Requirements for OFI funding relationships.
614.4570Recourse and security.
614.4580Limitation on the extension of funding, discount and other similar financial assistance to an OFI.
614.4590Equitable treatment of OFIs and Farm Credit System associations.
614.4595Public disclosure about OFIs.
614.4600Insolvency of an OFI.
Hide details for Subpart Q - Banks for Cooperatives and Agricultural Credit Banks Financing International TradeSubpart Q - Banks for Cooperatives and Agricultural Credit Banks Financing International Trade
614.4700Financing foreign trade receivables.
614.4710[Removed]
614.4720Letters of credit.
614.4800Guarantees and contracts of suretyship.
614.4810Standby letters of credit.
614.4900Foreign exchange.
Hide details for Subpart R - Secondary Market AuthoritiesSubpart R - Secondary Market Authorities
614.4910Basic authorities.
Hide details for Subpart S - Flood Insurance RequirementsSubpart S - Flood Insurance Requirements
614.4920Purpose and scope.
614.4925Definitions.
614.4930Requirement to purchase flood insurance where available.
614.4935Escrow requirement.
614.4940Required use of standard flood hazard determination form.
614.4945Forced placement of flood insurance.
614.4950Determination fees.
614.4955Notice of special flood hazards and availability of Federal disaster relief assistance.
614.4960Notice of servicer's identity.
Hide details for PART 615 - FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONSPART 615 - FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS
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Authority
Hide details for Subpart A - FundingSubpart A - Funding
615.5000General responsibilities.
615.5010Funding Corporation.
615.5030Borrowings from commercial banks.
615.5040Borrowings from financial institutions other than commercial banks.
Hide details for Subpart B - CollateralSubpart B - Collateral
615.5045Definitions.
615.5050Collateral requirements.
615.5060Special collateral requirements.
615.5090Reduction in carrying value of collateral.
Hide details for Subpart C - Issuance of Bonds, Notes, Debentures and Similar ObligationsSubpart C - Issuance of Bonds, Notes, Debentures and Similar Obligations
615.5100Authority to issue.
615.5101Requirements for issuance.
615.5102Issuance of debt obligations through the Funding Corporation.
615.5103 - 615.5104[Reserved]
615.5105Consolidated Systemwide notes.
Hide details for Subpart D - Other FundingSubpart D - Other Funding
615.5110Authority to issue (other funding).
615.5120Purchase eligibility requirement.
615.5130Procedures.
Hide details for Subpart E - Investment ManagementSubpart E - Investment Management
615.5131Definitions.
615.5132Investment purposes.
615.5133Investment management.
615.5134Liquidity reserve.
615.5135[Removed]
615.5136Emergencies impeding normal access of Farm Credit banks to capital markets.
615.5140Eligible investments.
615.5141[Removed]
615.5142Association investments.
615.5143Management of ineligible investments and reservation of authority to require divestiture.
615.5144Banks for cooperatives and agricultural credit banks.
Hide details for Subpart F - Property, Transfers of Capital, and Other InvestmentsSubpart F - Property, Transfers of Capital, and Other Investments
615.5170Real and personal property.
615.5171Transfer of capital from banks to associations.
615.5172Production credit association and agricultural credit association investment in farmers' notes given to cooperatives and dealers.
615.5173Stock of the Federal Agricultural Mortgage Corporation.
615.5174Farmer Mac securities.
615.5175Investments in Farm Credit System institution preferred stock.
Hide details for Subpart G - Risk Assessment and ManagementSubpart G - Risk Assessment and Management
615.5180Bank interest rate risk management program.
615.5181[Removed]
615.5182Interest rate risk management by associations and other Farm Credit System institutions other than banks.
Hide details for Subpart H - Capital AdequacySubpart H - Capital Adequacy
615.5200Capital planning.
615.5201Definitions.
615.5205Minimum permanent capital standard.
615.5206Permanent capital ratio computation.
615.5207Capital adjustments and associated reductions to assets.
615.5208Allotment of allocated investments.
615.5209Deferred-tax assets.
615.5210Risk-adjusted assets.
615.5211Risk categories--balance sheet assets.
615.5212Credit conversion factors--off-balance sheet items.
615.5215Distribution of earnings.
615.5216[Reserved]
Hide details for Subpart I - Issuance of EquitiesSubpart I - Issuance of Equities
615.5220Capitalization bylaws.
615.5230Implementation of cooperative principles.
615.5240Permanent capital requirements.
615.5245Limitations on association preferred stock.
615.5250Disclosure requirements.
615.5255Disclosure and review requirements for other equities.
Hide details for Subpart J - Retirement of Equities and Payment of DividendsSubpart J - Retirement of Equities and Payment of Dividends
615.5260Retirement of eligible borrower stock.
615.5270Retirement of other equities.
615.5280Retirement in event of default.
615.5290Retirement of capital stock and participation certificates in event of restructuring.
615.5295Payment of dividends.
Hide details for Subpart K - Surplus and Collateral RequirementsSubpart K - Surplus and Collateral Requirements
615.5301Definitions.
615.5330Minimum surplus ratios.
615.5335Bank net collateral ratio.
615.5336Compliance and reporting.
Hide details for Subpart L - Establishment of Minimum Capital Ratios for an Individual InstitutionSubpart L - Establishment of Minimum Capital Ratios for an Individual Institution
615.5350General--Applicability.
615.5351Standards for determination of appropriate individual institution minimum capital ratios.
615.5352Procedures.
615.5353Relation to other actions.
615.5354Enforcement.
Hide details for Subpart M - Issuance of a Capital DirectiveSubpart M - Issuance of a Capital Directive
615.5355Purpose and scope.
615.5356Notice of intent to issue a capital directive.
615.5357Response to notice.
615.5358 Decision.
615.5359Issuance of a capital directive.
615.5360Reconsideration based on change in circumstances.
615.5361Relation to other administrative actions.
Hide details for Subpart N - [Reserved]Subpart N - [Reserved]
Hide details for Subpart O - Book-Entry Procedures for Farm Credit SecuritiesSubpart O - Book-Entry Procedures for Farm Credit Securities
615.5450Definitions.
615.5451Book-entry and definitive securities.
615.5452Law governing rights and obligations of Federal Reserve Banks, Farm Credit banks, and Funding Corporation; rights of any person against Federal Reserve Banks, Farm Credit banks, and Funding Corporation.
615.5453Law governing other interests.
615.5454Creation of participant's security entitlement; security interests.
615.5455Obligations of the Farm Credit banks and the Funding Corporation; no adverse claims.
615.5456Authority of Federal Reserve Banks.
615.5457Withdrawal of eligible book-entry securities for conversion to definitive form.
615.5458Waiver of regulations.
615.5459Liability of Farm Credit banks, Funding Corporation and Federal Reserve Banks.
615.5460Additional provisions.
615.5461Lost, stolen, destroyed, mutilated or defaced Farm Credit securities, including coupons.
615.5462Restrictive endorsement of bearer securities.
Hide details for Subpart P - Global Debt SecuritiesSubpart P - Global Debt Securities
615.5500Definitions.
615.5502Issuance of global debt securities.
Hide details for Subpart Q - Bankers' AcceptancesSubpart Q - Bankers' Acceptances
615.5550Bankers' acceptances.
Hide details for Subpart R - [Removed and Reserved]Subpart R - [Removed and Reserved]
615.5560[Removed and Reserved]
Hide details for Subpart S - Federal Agricultural Mortgage Corporation SecuritiesSubpart S - Federal Agricultural Mortgage Corporation Securities
615.5570Book-entry procedures for Federal Agricultural Mortgage Corporation Securities.
Hide details for PART 616 - LEASINGPART 616 - LEASING
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Authority
Hide details for No SubpartNo Subpart
616.6000Definitions.
616.6100Purchase and sale of interests in leases.
616.6200Out-of-territory leasing.
616.6300Leasing policies, procedures, and underwriting standards.
616.6400Documentation.
616.6500Investment in leased assets.
616.6600Leasing limit.
616.6700Stock purchase requirements.
616.6800Disclosure requirements.
Hide details for PART 617 - BORROWER RIGHTSPART 617 - BORROWER RIGHTS
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Authority
Hide details for Subpart A - GeneralSubpart A - General
617.7000Definitions.
617.7005When may electronic communications be used in the borrower rights process?
617.7010May borrower rights be waived?
617.7015What happens to borrower rights when a loan is sold?
Hide details for Subpart B - Disclosure of Effective Interest RatesSubpart B - Disclosure of Effective Interest Rates
617.7100Who must make and who is entitled to receive an effective interest rate disclosure?
617.7105When must a qualified lender disclose the effective interest rate to a borrower?
617.7110How should a qualified lender disclose the cost of borrower stock or participation certificates?
617.7115How should a qualified lender disclose loan origination charges?
617.7120How should a qualified lender present the disclosures to a borrower?
617.7125How should a qualified lender determine the effective interest rate?
617.7130What initial disclosures must a qualified lender make to a borrower?
617.7135What subsequent disclosures must a qualified lender make to a borrower?
Hide details for Subpart C - Disclosure of Differential Interest RatesSubpart C - Disclosure of Differential Interest Rates
617.7200What disclosures must a qualified lender make to a borrower on loans offered with more than one rate of interest?
Hide details for Subpart D - Actions on Applications; Review of Credit DecisionsSubpart D - Actions on Applications; Review of Credit Decisions
617.7300When acting on a loan application, what are the notice requirements and review rights?
617.7305What is a CRC and who are the members?
617.7310What is the review process of the CRC?
617.7315What records must the qualified lender maintain on behalf of the CRC?
Hide details for Subpart E - Distressed Loan Restructuring; State Agricultural Loan Mediation ProgramsSubpart E - Distressed Loan Restructuring; State Agricultural Loan Mediation Programs
617.7400What protections exist for borrowers who meet all loan obligations?
617.7405On what policies are loan restructurings based?
617.7410When and how does a qualified lender notify a borrower of the right to seek loan restructuring?
617.7415How does a qualified lender decide to restructure a loan?
617.7420How will a decision on an application for restructuring be issued?
617.7425What type of notice should be given to a borrower before foreclosure?
617.7430Are institutions required to participate in state agricultural loan mediation programs?
Hide details for Subpart F - Distressed Loan Restructuring DirectiveSubpart F - Distressed Loan Restructuring Directive
617.7500What is a directive used for and what may it require?
617.7505How will the qualified lender know when FCA is considering issuing a distressed loan restructuring directive?
617.7510What should the qualified lender do when it receives notice of a distressed loan restructuring directive?
617.7515How does the FCA decide whether to issue a directive?
617.7520How does the FCA issue a directive and when will it be effective?
617.7525May FCA use other enforcement actions?
Hide details for Subpart G - Right of First RefusalSubpart G - Right of First Refusal
617.7600What are the definitions used in this subpart?
617.7605How should System institutions document whether the borrower had the financial resources to avoid foreclosure?
617.7610What should the System institution do when it decides to sell acquired agricultural real estate?
617.7615What should the System institution do when it decides to lease acquired agricultural real estate?
617.7620What should the System institution do when it decides to sell acquired agricultural real estate at a public auction?
617.7625Whom should the System institution notify?
617.7630Does this Federal requirement affect any state property laws?
Hide details for PART 618 - GENERAL PROVISIONSPART 618 - GENERAL PROVISIONS
Hide details for AuthorityAuthority
Authority
Hide details for Subpart A - Related ServicesSubpart A - Related Services
618.8000Definitions.
618.8005Eligibility.
618.8010Related services authorization process.
618.8015Policy guidelines.
618.8020Feasibility requirements.
618.8025Feasibility reviews.
618.8030Out-of-territory related services.
Related Services List
Hide details for Subpart B - Member InsuranceSubpart B - Member Insurance
618.8040Authorized insurance service.
Hide details for Subpart C - [Reserved]Subpart C - [Reserved]
Hide details for Subpart D - E [Reserved]Subpart D - E [Reserved]
Hide details for Subpart F - [Reserved]Subpart F - [Reserved]
Hide details for Subpart G - Releasing InformationSubpart G - Releasing Information
618.8300General regulation.
618.8310Lists of borrowers and stockholders.
618.8320Data regarding borrowers and loan applicants.
618.8325Disclosure of loan documents.
618.8330Production of documents and testimony during litigation.
618.8340[Reserved]
Hide details for Subpart H - Disposition of Obsolete RecordsSubpart H - Disposition of Obsolete Records
618.8360[Reserved]
618.8370[Reserved]
Hide details for Subpart I - [Reserved]Subpart I - [Reserved]
Hide details for Subpart J - Internal ControlsSubpart J - Internal Controls
618.8430Internal controls.
618.8440Planning.
Hide details for PART 619 - DEFINITIONSPART 619 - DEFINITIONS
Hide details for AuthorityAuthority
Authority
Hide details for No SubpartNo Subpart
619.9000The Act.
619.9010Additional security.
619.9015Agricultural credit associations.
619.9020Agricultural credit banks.
619.9025Agricultural land.
619.9050Associations.
619.9060Bank for cooperatives.
619.9110Consolidation.
619.9130Differential interest rates.
619.9135Direct lender.
619.9140Farm Credit bank(s).
619.9145Farm Credit Bank.
619.9146Farm Credit institutions.
619.9155Federal land credit association.
619.9170Fixed interest rate.
619.9180Fixed interest spread.
619.9185Funding Corporation.
619.9195[Removed and Reserved]
619.9200Loss-sharing agreement.
619.9210Merger.
619.9230Open-end mortgage loan plans.
619.9235Outside director.
619.9240Participation agreement.
619.9250Participation certificates.
619.9260Primary security.
619.9270Qualified Public Accountant or External Auditor.
619.9310Senior officer.
619.9320Shareholder or stockholder.
619.9330Speculative purposes.
619.9335Supplemental retirement plan or supplemental executive retirement plan.
619.9338Unincorporated business entities.
619.9340Variable interest rate.
Hide details for PART 620 - DISCLOSURE TO SHAREHOLDERSPART 620 - DISCLOSURE TO SHAREHOLDERS
Hide details for AuthorityAuthority
Authority
Hide details for Subpart A - GeneralSubpart A - General
620.1Definitions.
620.2Preparing and filing reports.
620.3Accuracy of reports and assessment of internal control over financial reporting.
Hide details for Subpart B - Annual Report to ShareholdersSubpart B - Annual Report to Shareholders
620.4Preparing and providing the annual report.
620.5Contents of the annual report to shareholders.
620.6Disclosures in the annual report to shareholders relating to directors and senior officers.
Hide details for Subpart C - Quarterly ReportSubpart C - Quarterly Report
620.10Preparing the quarterly report.
620.11Content of quarterly report to shareholders.
Hide details for Subpart D - Notice to ShareholdersSubpart D - Notice to Shareholders
620.15Notice of significant or material events.
620.17Special notice provisions for events related to minimum permanent capital.
Hide details for Subpart E - Annual Meeting Information Statements and Other Information to be Furnished in Connection with AnnSubpart E - Annual Meeting Information Statements and Other Information to be Furnished in Connection with Annual Meetings and Director Elections
620.20Preparing and distributing the information statement.
620.21Contents of the information statement.
Hide details for Subpart F - Bank and Association Audit and Compensation CommitteesSubpart F - Bank and Association Audit and Compensation Committees
620.30Audit committees.
620.31Compensation committees.
Hide details for PART 621 - ACCOUNTING AND REPORTING REQUIREMENTSPART 621 - ACCOUNTING AND REPORTING REQUIREMENTS
Hide details for AuthorityAuthority
Authority
Hide details for Subpart A - Purpose and DefinitionsSubpart A - Purpose and Definitions
621.1Purpose and applicability.
621.2Definitions.
Hide details for Subpart B - General RulesSubpart B - General Rules
621.3Application of generally accepted accounting principles.
621.4Audit by qualified public accountant.
621.5Accounting for the allowance for loan losses and chargeoffs.
Hide details for Subpart C - Loan Performance and Valuation AssessmentSubpart C - Loan Performance and Valuation Assessment
621.6Performance categories and other property owned.
621.7Rule of aggregation.
621.8Application of payments and income recognition on nonaccrual loans.
621.9Reinstatement to accrual status.
621.10Monitoring of performance categories and other property owned.
Hide details for Subpart D - Reports of Condition and Performance and Accounts and ExposuresSubpart D - Reports of Condition and Performance and Accounts and Exposures
621.12Reports of condition and performance.
621.13Content and standards--general rules.
621.14Certification of correctness.
621.15Reports of accounts and exposures.
Hide details for Subpart E - Auditor IndependenceSubpart E - Auditor Independence
621.30General.
621.31Non-audit services.
621.32Conflicts of interest and rotation.
Hide details for PART 622 - RULES OF PRACTICE AND PROCEDUREPART 622 - RULES OF PRACTICE AND PROCEDURE
Hide details for AuthorityAuthority
Authority
Hide details for Subpart A - Rules Applicable to Formal HearingsSubpart A - Rules Applicable to Formal Hearings
622.1Scope of regulations.
622.2Definitions.
622.3Appearance and practice.
622.4Commencement of proceedings.
622.5Answer.
622.6Opportunity for informal settlement.
622.7Conduct of hearings.
622.8Rules of evidence.
622.9Subpoenas.
622.10Depositions.
622.11Motions.
622.12Proposed findings and conclusions; recommended decision.
622.13Exceptions.
622.14Briefs.
622.15Oral argument before the Board.
622.16Notice of submission to the Board.
622.17Decision of the Board.
622.18Filing.
622.19Service.
622.20Documents in proceedings confidential.
622.21Computing time.
622.22Retained authority.
622.23-622.50[Reserved]
Hide details for Subpart B - Rules and Procedures for Assessment and Collection of Civil Money PenaltiesSubpart B - Rules and Procedures for Assessment and Collection of Civil Money Penalties
622.51Definitions.
622.52Purpose and scope.
622.53[Removed and Reserved]
622.54[Removed and Reserved]
622.55Notice of assessment of civil money penalty.
622.56Request for formal hearing on assessment.
622.57Waiver of hearing; consent.
622.58Hearing on assessment.
622.59Assessment order.
622.60Payment of civil money penalty.
622.61Adjustment of civil money penalties by the rate of inflation under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended.
622.62-622.75[Reserved]
Hide details for Subpart C - Rules and Procedures Applicable to Suspension or Removal of an Individual Where Certain Crimes AreSubpart C - Rules and Procedures Applicable to Suspension or Removal of an Individual Where Certain Crimes Are Charged or Proven
622.76Definitions.
622.77Purpose and scope.
622.78Suspension prohibition or removal.
622.79Petition for informal hearing.
622.80Informal hearing.
622.81Default.
622.82Decision of the Board.
622.83-622.100[Reserved]
Hide details for Subpart D - Rules and Procedures Applicable to Formal InvestigationsSubpart D - Rules and Procedures Applicable to Formal Investigations
622.101Definitions.
622.102Scope.
622.103Formal investigations are confidential.
622.104Order to conduct formal investigation.
622.105Conduct of investigation.
622.106Service of subpoena and payment of witness fees.
622.107Transcripts.
Hide details for PART 623 - PRACTICE BEFORE THE FARM CREDIT ADMINISTRATIONPART 623 - PRACTICE BEFORE THE FARM CREDIT ADMINISTRATION
Hide details for AuthorityAuthority
Authority
Hide details for No SubpartNo Subpart
623.1Scope of part.
623.2Definitions.
623.3Who may practice.
623.4Suspension and debarment.
623.5Reinstatement.
623.6Duty to file information concerning adverse judicial or administrative action.
623.7Proceeding under this part.
Hide details for PART 624 - [REMOVED AND RESERVED]PART 624 - [REMOVED AND RESERVED]
Hide details for AuthorityAuthority
Authority
Hide details for No SubpartNo Subpart
Hide details for PART 625 - APPLICATION FOR AWARD OF FEES AND OTHER EXPENSES UNDER THE EQUAL ACCESS TO JUSTICE ACTPART 625 - APPLICATION FOR AWARD OF FEES AND OTHER EXPENSES UNDER THE EQUAL ACCESS TO JUSTICE ACT
Hide details for AuthorityAuthority
Authority
Hide details for Subpart A - General ProvisionsSubpart A - General Provisions
625.1Purpose.
625.2Proceedings covered.
625.3Eligibility of applicants.
625.4Standards for awards.
625.5Allowable fees and expenses.
625.6Rulemaking on maximum rates for attorney fees.
625.7Awards against other agencies.
Hide details for Subpart B - Applicant Information RequiredSubpart B - Applicant Information Required
625.10Contents of application.
625.11Net worth exhibit.
625.12Documentation of fees and expenses.
625.13When an application may be filed.
Hide details for Subpart C - Procedures for Considering ApplicationsSubpart C - Procedures for Considering Applications
625.20Settlement.
625.21Filing and service of documents.
625.22Answer to application.
625.23Reply.
625.24Comments by other parties.
625.25Further proceedings.
625.26Recommended decision.
625.27Board decision.
625.28Judicial review.
625.29Payment of award.
Hide details for PART 626 - NONDISCRIMINATION IN LENDINGPART 626 - NONDISCRIMINATION IN LENDING
Hide details for AuthorityAuthority
Authority
Hide details for No SubpartNo Subpart
626.6000Definitions.
626.6005Nondiscrimination in lending and other services.
626.6010Nondiscrimination in applications.
626.6015Nondiscriminatory appraisal.
626.6020Nondiscriminatory advertising.
626.6025Equal housing lender poster.
626.6030Complaints.
Hide details for PART 627 - TITLE IV CONSERVATORS, RECEIVERS, AND VOLUNTARY LIQUIDATIONSPART 627 - TITLE IV CONSERVATORS, RECEIVERS, AND VOLUNTARY LIQUIDATIONS
Hide details for AuthorityAuthority
Authority
Hide details for Subpart A - GeneralSubpart A - General
627.2700General--applicability.
627.2705Definitions.
627.2710Grounds for appointment of conservators and receivers.
627.2715Action for removal of conservator or receiver.
Hide details for Subpart B - Receivers and ReceivershipsSubpart B - Receivers and Receiverships
627.2720Appointment of receiver.
627.2725Powers and duties of the receiver.
627.2726Treatment by the conservator or receiver of financial assets transferred in connection with a securitization or participation.
627.2730Preservation of equity.
627.2735Notice to holders of uninsured accounts and stockholders.
627.2740Creditor's claims.
627.2745Priority of claims--associations.
627.2750Priority of claims--banks.
627.2752Priority of claims--other Farm Credit institutions.
627.2755Payment of claims.
627.2760Inventory, audit, and reports.
627.2765Final discharge and release of the receiver.
Hide details for Subpart C - Conservators and ConservatorshipsSubpart C - Conservators and Conservatorships
627.2770Conservators.
627.2775Appointment of a conservator.
627.2780Powers and duties of conservators.
627.2785Inventory, examination, audit, and reports to stockholders.
627.2790Final discharge and release of the conservator.
Hide details for Subpart D - Voluntary LiquidationSubpart D - Voluntary Liquidation
627.2795Voluntary liquidation.
627.2797Preservation of equity.
Hide details for PART 630 - DISCLOSURE TO INVESTORS IN SYSTEM-WIDE AND CONSOLIDATED BANK DEBT OBLIGATIONS OF THE FARM CREDIT SYPART 630 - DISCLOSURE TO INVESTORS IN SYSTEM-WIDE AND CONSOLIDATED BANK DEBT OBLIGATIONS OF THE FARM CREDIT SYSTEM
Hide details for AuthorityAuthority
Authority
Hide details for AppendicesAppendices
Appendix A to Part 630--Supplemental Information Disclosure Guidelines
Hide details for Subpart A - GeneralSubpart A - General
630.1Purpose.
630.2Definitions.
630.3Publishing and filing the report to investors.
630.4Responsibilities for preparing the report to investors.
630.5Accuracy of reports and assessment of internal control over financial reporting.
630.6Funding Corporation committees.
Hide details for Subpart B - Annual Report to InvestorsSubpart B - Annual Report to Investors
630.20Contents of the annual report to investors.
Hide details for Subpart C - Quarterly Reports to InvestorsSubpart C - Quarterly Reports to Investors
630.40Contents of the quarterly report to investors.
Hide details for PART 650 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION GENERAL PROVISIONSPART 650 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION GENERAL PROVISIONS
Hide details for AuthorityAuthority
Authority
Hide details for No SubpartNo Subpart
650.1Grounds for appointment of a receiver or conservator.
650.5Action for removal of receiver or conservator.
650.10Voluntary liquidation.
650.15Appointment of a receiver.
650.20Powers and duties of the receiver.
650.25Report to Congress.
650.30Preservation of equity.
650.35Notice to stockholders.
650.40Creditor claims.
650.45Priority of claims.
650.50Payment of claims.
650.55Inventory, audit, and reports.
650.60Final discharge and release of the receiver.
650.65Appointment of a conservator.
650.70Powers and duties of the conservator.
650.75Inventory, examination, and reports to stockholders.
650.80Final discharge and release of the conservator.
Hide details for PART 651 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION GOVERNANCEPART 651 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION GOVERNANCE
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Authority
Hide details for No SubpartNo Subpart
651.1Definitions.
651.2Conflict-of-interest policy.
651.3Implementation of policy.
651.4Director, officer, employee, and agent responsibilities.
Hide details for PART 652 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION FUNDING AND FISCAL AFFAIRSPART 652 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION FUNDING AND FISCAL AFFAIRS
Hide details for AuthorityAuthority
Authority
Hide details for AppendicesAppendices
Appendix A--Subpart B of Part 652--Risk-Based Capital Stress Test
Hide details for Subpart A - Investment ManagementSubpart A - Investment Management
652.1Purpose.
652.5Definitions.
652.10Investment management.
652.15Non-program investment purposes and limitation.
652.20Eligible non-program investments.
652.25Management of ineligible investments and reservation of authority.
652.30Interest rate risk management.
652.35Liquidity management.
652.40Liquidity reserve requirement and supplemental liquidity.
652.45Temporary regulatory waivers or modifications for extraordinary situations.
Hide details for Subpart B - Risk-Based Capital RequirementsSubpart B - Risk-Based Capital Requirements
652.50Definitions.
652.55General.
652.60Corporate business planning.
652.61Capital planning.
652.62Notice to OSMO of capital distributions.
652.65Risk-based capital stress test.
652.70Risk-based capital level.
652.75Your responsibility for determining the risk-based capital level.
652.80When you must determine the risk-based capital level.
652.85When to report the risk-based capital level.
652.90How to report your risk-based capital determination.
652.95Failure to meet capital requirements.
652.100Audit of the risk-based capital stress test.
Hide details for PART 653 - [ADDED AND RESERVED]PART 653 - [ADDED AND RESERVED]
Hide details for AuthorityAuthority
Authority
Hide details for No SubpartNo Subpart
Hide details for PART 654 - [ADDED AND RESERVED]PART 654 - [ADDED AND RESERVED]
Hide details for AuthorityAuthority
Authority
Hide details for No SubpartNo Subpart
Hide details for PART 655 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION DISCLOSURE AND REPORTING REQUIREMENTSPART 655 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION DISCLOSURE AND REPORTING REQUIREMENTS
Hide details for AuthorityAuthority
Authority
Hide details for Subpart A - Annual Report of Condition of the Federal Agricultural Mortgage CorporationSubpart A - Annual Report of Condition of the Federal Agricultural Mortgage Corporation
655.1Content, timing, and providing of the Federal Agricultural Mortgage Corporation annual report of condition.
Hide details for Subpart B - Reports Relating to Securities Activities of the Federal Agricultural Mortgage CorporationSubpart B - Reports Relating to Securities Activities of the Federal Agricultural Mortgage Corporation
655.50Form and content.
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