FCA Handbook 1. FCA Regulations 2. Statutes 3. FCA Board Policy Statements 4. FCA Pending Regulations & Notices 5. Title 5--Ethics Supplementals 6. FCSIC Regulations 7. FCA Bookletters 8. Update Notices FCA Regulations Search Text of FCA Regulations Previous Page Next PageExpand List Collapse List 611.510 Approval procedures. 611.515 Information statement. 611.520 Plan of transfer. 611.525 Stockholder reconsideration. Subpart F - Bank Mergers, Consolidations and Charter Amendments 611.1000 General authority. 611.1010 Bank charter amendment procedures. 611.1020 Requirements for mergers or consolidations of banks. 611.1030 [Removed and Reserved] 611.1040 Creation of new associations. Subpart G - Mergers, Consolidations, and Charter Amendments of Associations 611.1120 General authority. 611.1121 Charter amendment procedures. 611.1122 Requirements for mergers or consolidations. 611.1123 Merger or consolidation agreements. 611.1124 Territorial adjustments. 611.1125 Treatment of associations not approving districtwide mergers. Subpart H - Rules for Inter-System Fund Transfers 611.1130 Inter-System transfer of funds and equities. Subpart I - Service Organizations 611.1135 Incorporation of service corporations. 611.1136 Regulation and examination of service organizations. 611.1137 Title VIII service corporations. Subpart J, K, L, M, N, and O - [Reserved] Subpart P - Termination of System Institution Status 611.1200 Applicability of this subpart. 611.1205 Definitions that apply in this subpart. 611.1210 Advance notices--commencement resolution and notice to equity holders. 611.1211 Special requirements. 611.1215 Communications with the public and equity holders. 611.1216 Public availability of documents related to the termination. 611.1217 Plain language requirements. 611.1218 Role of directors. 611.1219 Prohibited acts. 611.1220 Termination resolution. 611.1221 Submission to FCA of plan of termination and disclosure information; other required submissions. 611.1223 Plan of termination--contents. 611.1230 FCA review and approval--plan of termination. 611.1235 Plan of termination--distribution. 611.1240 Voting record date and stockholder approval. 611.1245 Stockholder reconsideration. 611.1246 Filing of termination application and its contents. 611.1247 FCA review and approval--termination. 611.1250 Preliminary exit fee estimate. 611.1255 Exit fee calculation. 611.1260 Payment of debts and assessments--terminating association. 611.1265 Retirement of a terminating association's investment in its affiliated bank. 611.1270 Repayment of obligations--terminating bank. 611.1275 Retirement of equities held by other System institutions. 611.1280 Dissenting stockholders' rights. 611.1285 Loan refinancing by borrowers. 611.1290 Continuation of borrower rights. PART 612 - STANDARDS OF CONDUCT AND REFERRAL OF KNOWN OR SUSPECTED CRIMINAL VIOLATIONS Authority Authority Subpart A - Standards of Conduct 612.2130 Definitions. 612.2135 Director and employee responsibilities and conduct--generally. 612.2140 Directors--prohibited conduct. 612.2145 Director reporting. 612.2150 Employees--prohibited conduct. 612.2155 Employee reporting. 612.2157 Joint employees. 612.2160 Institution responsibilities. 612.2165 Policies and procedures. 612.2170 Standards of Conduct Official. 612.2260 Standards of conduct for agents. 612.2270 Purchase of System obligations. Subpart B - Referral of Known or Suspected Criminal Violations 612.2300 Purpose and scope. 612.2301 Referrals. 612.2302 Notification of board of directors and bonding company. 612.2303 Institution responsibilities. PART 613 - ELIGIBILITY AND SCOPE OF FINANCING Authority Authority Subpart A - Financing Under Titles I and II of the Farm Credit Act 613.3000 Financing for farmers, ranchers, and aquatic producers or harvesters. 613.3005 Lending objective. 613.3010 Financing for processing or marketing operations. 613.3020 Financing for farm-related service businesses. 613.3030 Rural home financing. Subpart B - Financing for Banks Operating Under Title III of the Farm Credit Act 613.3100 Domestic lending. 613.3200 International lending. Subpart C - Similar Entity Authority Under Sections 3.1(11)(B) and 4.18A of the Act 613.3300 Participations and other interests in loans to similar entities. PART 614 - LOAN POLICIES AND OPERATIONS Authority Authority Appendices APPENDIX A TO SUBPART S OF PART 614--SAMPLE FORM OF NOTICE OF SPECIAL FLOOD HAZARDS AND AVAILABILITY OF FEDERAL DISASTER RELIEF ASSISTANCE Subpart A - Lending Authorities 614.4000 Farm Credit Banks. 614.4010 Agricultural credit banks. 614.4020 Banks for cooperatives. 614.4030 Federal land credit associations. 614.4040 Production credit associations. 614.4050 Agricultural credit associations. 614.4055 Federal Agricultural Mortgage Corporation loan participations. 614.4060 Affiliates established pursuant to section 8.5(e)(1) of the Farm Credit Act of 1971. Subpart B - Chartered Territories 614.4070 Loans and chartered territory--Farm Credit Banks, agricultural credit banks, Federal land bank associations, Federal land credit associations, production credit associations, and agricultural credit associations. 614.4080 Loans and chartered territory--banks for cooperatives. Subpart C - Bank/Association Lending Relationship 614.4100 Policies governing lending through Federal land bank associations. 614.4110 Transfer of direct lending authority to Federal land bank associations and agricultural credit associations. 614.4120 Policies governing extensions of credit to direct lender associations and OFIs. 614.4125 Funding and discount relationships between Farm Credit Banks or agricultural credit banks and direct lender associations. 614.4130 Funding and discount relationships between Farm Credit Banks or agricultural credit banks and OFIs. Subpart D - General Loan Policies for Banks and Associations 614.4150 Lending policies and loan underwriting standards. 614.4155 Interest rates. 614.4160 Differential interest rate programs. 614.4165 Young, beginning, and small farmers and ranchers. Subpart E - Loan Terms and Conditions 614.4200 General requirements. 614.4231 Certain seasonal commodity loans to cooperatives. 614.4232 Loans to domestic lessors. 614.4233 International loans. Subpart F - Collateral Evaluation Requirements 614.4240 Collateral definitions. 614.4245 Collateral evaluation policies. 614.4250 Collateral evaluation standards. 614.4255 Independence requirements. 614.4260 Evaluation requirements. 614.4265 Real property evaluations. 614.4266 Personal and intangible property evaluations. 614.4267 Professional association membership; competency. Subpart G - [Reserved] Subpart H - Loan Purchases and Sales 614.4325 Purchase and sale of interests in loans. 614.4330 Loan participations. 614.4335 Borrower stock requirements. 614.4336 [Removed] 614.4337 Disclosure to borrowers. Subpart I - Loss-Sharing Agreements 614.4340 General. 614.4341 Financial assistance. 614.4345 Guaranty Agreements. Subpart J - Lending and Leasing Limits 614.4350 Definitions. 614.4351 Computation of lending and leasing limit base. 614.4352 Farm Credit Banks and agricultural credit banks. 614.4353 Direct lender associations. 614.4354 Federal land bank associations. 614.4355 Banks for cooperatives. 614.4356 Farm Credit Leasing Services Corporation. 614.4357 Banks for cooperatives look-through notes. 614.4358 Computation of obligations. 614.4359 Attribution rules. 614.4360 Lending and leasing limit violations. 614.4361 Transition. Subpart K - [Removed] Subpart L - [Removed] Subpart M - Loan Approval Requirements 614.4450 General requirements. 614.4460 Loan approval responsibility. 614.4470 Loans subject to bank approval. Subpart N - Loan Servicing Requirements; State Agricultural Loan Mediation Programs; Right of First Refusal 614.4510 General. 614.4511 [Removed and Reserved] 614.4512 Definitions. 614.4513 Uninsured voluntary and involuntary accounts. 614.4514-614.4522 [Removed] Subpart O - Special Lending Programs 614.4525 General. 614.4530 Special loans, production credit associations and agricultural credit associations. Subpart P - Farm Credit Bank and Agricultural Credit Bank Financing of Other Financing Institutions 614.4540 Other financing institution access to Farm Credit Banks and agricultural credit banks for funding, discount, and other similar financial assistance. 614.4550 Place of discount. 614.4560 Requirements for OFI funding relationships. 614.4570 Recourse and security. 614.4580 Limitation on the extension of funding, discount and other similar financial assistance to an OFI. 614.4590 Equitable treatment of OFIs and Farm Credit System associations. 614.4595 Public disclosure about OFIs. 614.4600 Insolvency of an OFI. Subpart Q - Banks for Cooperatives and Agricultural Credit Banks Financing International Trade 614.4700 Financing foreign trade receivables. 614.4710 [Removed] 614.4720 Letters of credit. 614.4800 Guarantees and contracts of suretyship. 614.4810 Standby letters of credit. 614.4900 Foreign exchange. Subpart R - Secondary Market Authorities 614.4910 Basic authorities. Subpart S - Flood Insurance Requirements 614.4920 Purpose and scope. 614.4925 Definitions. 614.4930 Requirement to purchase flood insurance where available. 614.4935 Escrow requirement. 614.4940 Required use of standard flood hazard determination form. 614.4945 Forced placement of flood insurance. 614.4950 Determination fees. 614.4955 Notice of special flood hazards and availability of Federal disaster relief assistance. 614.4960 Notice of servicer's identity. PART 615 - FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Authority Authority Subpart A - Funding 615.5000 General responsibilities. 615.5010 Funding Corporation. 615.5030 Borrowings from commercial banks. 615.5040 Borrowings from financial institutions other than commercial banks. Subpart B - Collateral 615.5045 Definitions. 615.5050 Collateral requirements. 615.5060 Special collateral requirements. 615.5090 Reduction in carrying value of collateral. Subpart C - Issuance of Bonds, Notes, Debentures and Similar Obligations 615.5100 Authority to issue. 615.5101 Requirements for issuance. 615.5102 Issuance of debt obligations through the Funding Corporation. 615.5103 - 615.5104 [Reserved] 615.5105 Consolidated Systemwide notes. Subpart D - Other Funding 615.5110 Authority to issue (other funding). 615.5120 Purchase eligibility requirement. 615.5130 Procedures. Subpart E - Investment Management 615.5131 Definitions. 615.5132 Investment purposes. 615.5133 Investment management. 615.5134 Liquidity reserve requirement. 615.5135 Management of interest rate risk. 615.5136 Emergencies impeding normal access of Farm Credit banks to capital markets. 615.5140 Eligible investments. 615.5141 Stress tests for mortgage securities. 615.5142 Association investments. 615.5143 Disposal of ineligible investments. 615.5144 Banks for cooperatives and agricultural credit banks. Subpart F - Property, Transfers of Capital, and Other Investments 615.5170 Real and personal property. 615.5171 Transfer of capital from banks to associations. 615.5172 Production credit association and agricultural credit association investment in farmers' notes given to cooperatives and dealers. 615.5173 Stock of the Federal Agricultural Mortgage Corporation. 615.5174 Farmer Mac securities. 615.5175 Investments in Farm Credit System institution preferred stock. Subpart G - Risk Assessment and Management 615.5180 Interest rate risk management by banks--general. 615.5181 Bank interest rate risk management program. 615.5182 Interest rate risk management by associations and other Farm Credit System institutions other than banks. Subpart H - Capital Adequacy 615.5200 Capital planning. 615.5201 Definitions. 615.5205 Minimum permanent capital standard. 615.5206 Permanent capital ratio computation. 615.5207 Capital adjustments and associated reductions to assets. 615.5208 Allotment of allocated investments. 615.5209 Deferred-tax assets. 615.5210 Risk-adjusted assets. 615.5211 Risk categories--balance sheet assets. 615.5212 Credit conversion factors--off-balance sheet items. 615.5215 Distribution of earnings. 615.5216 [Reserved] Subpart I - Issuance of Equities 615.5220 Capitalization bylaws. 615.5230 Implementation of cooperative principles. 615.5240 Permanent capital requirements. 615.5245 Limitations on association preferred stock. 615.5250 Disclosure requirements. 615.5255 Disclosure and review requirements for other equities. Subpart J - Retirement of Equities and Payment of Dividends 615.5260 Retirement of eligible borrower stock. 615.5270 Retirement of other equities. 615.5280 Retirement in event of default. 615.5290 Retirement of capital stock and participation certificates in event of restructuring. 615.5295 Payment of dividends. Subpart K - Surplus and Collateral Requirements 615.5301 Definitions. 615.5330 Minimum surplus ratios. 615.5335 Bank net collateral ratio. 615.5336 Compliance and reporting. Subpart L - Establishment of Minimum Capital Ratios for an Individual Institution 615.5350 General--Applicability. 615.5351 Standards for determination of appropriate individual institution minimum capital ratios. 615.5352 Procedures. 615.5353 Relation to other actions. 615.5354 Enforcement. Subpart M - Issuance of a Capital Directive 615.5355 Purpose and scope. 615.5356 Notice of intent to issue a capital directive. 615.5357 Response to notice. 615.5358 Decision. 615.5359 Issuance of a capital directive. 615.5360 Reconsideration based on change in circumstances. 615.5361 Relation to other administrative actions. Subpart N - [Reserved] Subpart O - Book-Entry Procedures for Farm Credit Securities 615.5450 Definitions. 615.5451 Book-entry and definitive securities. 615.5452 Law 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. 615.5453 Law governing other interests. 615.5454 Creation of participant's security entitlement; security interests. 615.5455 Obligations of the Farm Credit banks and the Funding Corporation; no adverse claims. 615.5456 Authority of Federal Reserve Banks. 615.5457 Withdrawal of eligible book-entry securities for conversion to definitive form. 615.5458 Waiver of regulations. 615.5459 Liability of Farm Credit banks, Funding Corporation and Federal Reserve Banks. 615.5460 Additional provisions. 615.5461 Lost, stolen, destroyed, mutilated or defaced Farm Credit securities, including coupons. 615.5462 Restrictive endorsement of bearer securities. Subpart P - Global Debt Securities 615.5500 Definitions. 615.5502 Issuance of global debt securities. Subpart Q - Bankers' Acceptances 615.5550 Bankers' acceptances. Subpart R - Farm Credit System Financial Assistance Corporation Securities 615.5560 Book-entry Procedure for Farm Credit System Financial Assistance Corporation Securities. Subpart S - Federal Agricultural Mortgage Corporation Securities 615.5570 Book-entry procedures for Federal Agricultural Mortgage Corporation Securities. PART 616 - LEASING Authority Authority No Subpart 616.6000 Definitions. 616.6100 Purchase and sale of interests in leases. 616.6200 Out-of-territory leasing. 616.6300 Leasing policies, procedures, and underwriting standards. 616.6400 Documentation. 616.6500 Investment in leased assets. 616.6600 Leasing limit. 616.6700 Stock purchase requirements. 616.6800 Disclosure requirements. PART 617 - BORROWER RIGHTS Authority Authority Subpart A - General 617.7000 Definitions. 617.7005 When may electronic communications be used in the borrower rights process? 617.7010 May borrower rights be waived? 617.7015 What happens to borrower rights when a loan is sold? Subpart B - Disclosure of Effective Interest Rates 617.7100 Who must make and who is entitled to receive an effective interest rate disclosure? 617.7105 When must a qualified lender disclose the effective interest rate to a borrower? 617.7110 How should a qualified lender disclose the cost of borrower stock or participation certificates? 617.7115 How should a qualified lender disclose loan origination charges? 617.7120 How should a qualified lender present the disclosures to a borrower? 617.7125 How should a qualified lender determine the effective interest rate? 617.7130 What initial disclosures must a qualified lender make to a borrower? 617.7135 What subsequent disclosures must a qualified lender make to a borrower? Subpart C - Disclosure of Differential Interest Rates 617.7200 What disclosures must a qualified lender make to a borrower on loans offered with more than one rate of interest? Subpart D - Actions on Applications; Review of Credit Decisions 617.7300 When acting on a loan application, what are the notice requirements and review rights? 617.7305 What is a CRC and who are the members? 617.7310 What is the review process of the CRC? 617.7315 What records must the qualified lender maintain on behalf of the CRC? Subpart E - Distressed Loan Restructuring; State Agricultural Loan Mediation Programs 617.7400 What protections exist for borrowers who meet all loan obligations? 617.7405 On what policies are loan restructurings based? 617.7410 When and how does a qualified lender notify a borrower of the right to seek loan restructuring? 617.7415 How does a qualified lender decide to restructure a loan? 617.7420 How will a decision on an application for restructuring be issued? 617.7425 What type of notice should be given to a borrower before foreclosure? 617.7430 Are institutions required to participate in state agricultural loan mediation programs? Subpart F - Distressed Loan Restructuring Directive 617.7500 What is a directive used for and what may it require? 617.7505 How will the qualified lender know when FCA is considering issuing a distressed loan restructuring directive? 617.7510 What should the qualified lender do when it receives notice of a distressed loan restructuring directive? 617.7515 How does the FCA decide whether to issue a directive? 617.7520 How does the FCA issue a directive and when will it be effective? 617.7525 May FCA use other enforcement actions? Subpart G - Right of First Refusal 617.7600 What are the definitions used in this subpart? 617.7605 How should System institutions document whether the borrower had the financial resources to avoid foreclosure? 617.7610 What should the System institution do when it decides to sell acquired agricultural real estate? 617.7615 What should the System institution do when it decides to lease acquired agricultural real estate? 617.7620 What should the System institution do when it decides to sell acquired agricultural real estate at a public auction? 617.7625 Whom should the System institution notify? 617.7630 Does this Federal requirement affect any state property laws? PART 618 - GENERAL PROVISIONS Authority Authority Subpart A - Related Services 618.8000 Definitions. 618.8005 Eligibility. 618.8010 Related services authorization process. 618.8015 Policy guidelines. 618.8020 Feasibility requirements. 618.8025 Feasibility reviews. 618.8030 Out-of-territory related services. Related Services List Subpart B - Member Insurance 618.8040 Authorized insurance service. Subpart C - [Reserved] Subpart D - E [Reserved] Subpart F - [Reserved] Subpart G - Releasing Information 618.8300 General regulation. 618.8310 Lists of borrowers and stockholders. 618.8320 Data regarding borrowers and loan applicants. 618.8325 Disclosure of loan documents. 618.8330 Production of documents and testimony during litigation. 618.8340 [Reserved] Subpart H - Disposition of Obsolete Records 618.8360 [Reserved] 618.8370 [Reserved] Subpart I - [Reserved] Subpart J - Internal Controls 618.8430 Internal controls. 618.8440 Planning. PART 619 - DEFINITIONS Authority Authority No Subpart 619.9000 The Act. 619.9010 Additional security. 619.9015 Agricultural credit associations. 619.9020 Agricultural credit banks. 619.9025 Agricultural land. 619.9050 Associations. 619.9060 Bank for cooperatives. 619.9110 Consolidation. 619.9130 Differential interest rates. 619.9135 Direct lender. 619.9140 Farm Credit bank(s). 619.9145 Farm Credit Bank. 619.9146 Farm Credit institutions. 619.9155 Federal land credit association. 619.9170 Fixed interest rate. 619.9180 Fixed interest spread. 619.9185 Funding Corporation. 619.9195 [Removed and Reserved] 619.9200 Loss-sharing agreement. 619.9210 Merger. 619.9230 Open-end mortgage loan plans. 619.9235 Outside director. 619.9240 Participation agreement. 619.9250 Participation certificates. 619.9260 Primary security. 619.9270 Qualified Public Accountant or External Auditor. 619.9310 Senior officer. 619.9330 Speculative purposes. 619.9340 Variable interest rate. PART 620 - DISCLOSURE TO SHAREHOLDERS Authority Authority Subpart A - General 620.1 Definitions. 620.2 Preparing and filing the reports. 620.3 Accuracy of reports and assessment of internal control over financial reporting. Subpart B - Annual Report to Shareholders 620.4 Preparing and providing the annual report. 620.5 Contents of the annual report to shareholders. Subpart C - Quarterly Report 620.10 Preparing the quarterly report. 620.11 Content of quarterly report to shareholders. Subpart D - Notice to Shareholders 620.15 Notice. 620.17 Contents of the notice. Subpart E - Annual Meeting Information Statement 620.20 [Removed and Reserved] 620.21 Contents of the information statement and other information to be furnished in connection with the annual meeting or director elections. Subpart F - Bank and Association Audit and Compensation Committees 620.30 Audit committees. 620.31 Compensation committees. PART 621 - ACCOUNTING AND REPORTING REQUIREMENTS Authority Authority Subpart A - Purpose and Definitions 621.1 Purpose and applicability. 621.2 Definitions. Subpart B - General Rules 621.3 Application of generally accepted accounting principles. 621.4 Audit by qualified public accountant. 621.5 Accounting for the allowance for loan losses and chargeoffs. Subpart C - Loan Performance and Valuation Assessment 621.6 Performance categories and other property owned. 621.7 Rule of aggregation. 621.8 Application of payments and income recognition on nonaccrual loans. 621.9 Reinstatement to accrual status. 621.10 Monitoring of performance categories and other property owned. Subpart D - Report of Condition and Performance 621.12 Applicability and general instructions. 621.13 Content and standards--general rules. 621.14 Certification of correctness. Subpart E - Auditor Independence 621.30 General. 621.31 Non-audit services. 621.32 Conflicts of interest and rotation. PART 622 - RULES OF PRACTICE AND PROCEDURE Authority Authority Subpart A - Rules Applicable to Formal Hearings 622.1 Scope of regulations. 622.2 Definitions. 622.3 Appearance and practice. 622.4 Commencement of proceedings. 622.5 Answer. 622.6 Opportunity for informal settlement. 622.7 Conduct of hearings. 622.8 Rules of evidence. 622.9 Subpoenas. 622.10 Depositions. 622.11 Motions. 622.12 Proposed findings and conclusions; recommended decision. 622.13 Exceptions. 622.14 Briefs. 622.15 Oral argument before the Board. 622.16 Notice of submission to the Board. 622.17 Decision of the Board. 622.18 Filing. 622.19 Service. 622.20 Documents in proceedings confidential. 622.21 Computing time. 622.22 Retained authority. § 622.23-622.50 [Reserved] Subpart B - Rules and Procedures for Assessment and Collection of Civil Money Penalties 622.51 Definitions. 622.52 Purpose and scope. 622.53 [Removed and Reserved] 622.54 [Removed and Reserved] 622.55 Notice of assessment of civil money penalty. 622.56 Request for formal hearing on assessment. 622.57 Waiver of hearing; consent. 622.58 Hearing on assessment. 622.59 Assessment order. 622.60 Payment of civil money penalty. 622.61 Adjustment 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] Subpart C - Rules and Procedures Applicable to Suspension or Removal of an Individual Where Certain Crimes Are Charged or Proven 622.76 Definitions. 622.77 Purpose and scope. 622.78 Suspension prohibition or removal. 622.79 Petition for informal hearing. 622.80 Informal hearing. 622.81 Default. 622.82 Decision of the Board. § 622.83-622.100 [Reserved] Subpart D - Rules and Procedures Applicable to Formal Investigations 622.101 Definitions. 622.102 Scope. 622.103 Formal investigations are confidential. 622.104 Order to conduct formal investigation. 622.105 Conduct of investigation. 622.106 Service of subpoena and payment of witness fees. 622.107 Transcripts. PART 623 - PRACTICE BEFORE THE FARM CREDIT ADMINISTRATION Authority Authority No Subpart 623.1 Scope of part. 623.2 Definitions. 623.3 Who may practice. 623.4 Suspension and debarment. 623.5 Reinstatement. 623.6 Duty to file information concerning adverse judicial or administrative action. 623.7 Proceeding under this part. PART 624 - [REMOVED AND RESERVED] Authority Authority No Subpart PART 625 - APPLICATION FOR AWARD OF FEES AND OTHER EXPENSES UNDER THE EQUAL ACCESS TO JUSTICE ACT Authority Authority Subpart A - General Provisions 625.1 Purpose. 625.2 Proceedings covered. 625.3 Eligibility of applicants. 625.4 Standards for awards. 625.5 Allowable fees and expenses. 625.6 Rulemaking on maximum rates for attorney fees. 625.7 Awards against other agencies. Subpart B - Applicant Information Required 625.10 Contents of application. 625.11 Net worth exhibit. 625.12 Documentation of fees and expenses. 625.13 When an application may be filed. Subpart C - Procedures for Considering Applications 625.20 Settlement. 625.21 Filing and service of documents. 625.22 Answer to application. 625.23 Reply. 625.24 Comments by other parties. 625.25 Further proceedings. 625.26 Recommended decision. 625.27 Board decision. 625.28 Judicial review. 625.29 Payment of award. PART 626 - NONDISCRIMINATION IN LENDING Authority Authority No Subpart 626.6000 Definitions. 626.6005 Nondiscrimination in lending and other services. 626.6010 Nondiscrimination in applications. 626.6015 Nondiscriminatory appraisal. 626.6020 Nondiscriminatory advertising. 626.6025 Equal housing lender poster. 626.6030 Complaints. PART 627 - TITLE IV CONSERVATORS, RECEIVERS, AND VOLUNTARY LIQUIDATIONS Authority Authority Subpart A - General 627.2700 General--applicability. 627.2705 Definitions. 627.2710 Grounds for appointment of conservators and receivers. 627.2715 Action for removal of conservator or receiver. Subpart B - Receivers and Receiverships 627.2720 Appointment of receiver. 627.2725 Powers and duties of the receiver. 627.2726 Treatment by the conservator or receiver of financial assets transferred in connection with a securitization or participation. 627.2730 Preservation of equity. 627.2735 Notice to holders of uninsured accounts and stockholders. 627.2740 Creditor's claims. 627.2745 Priority of claims--associations. 627.2750 Priority of claims--banks. 627.2752 Priority of claims--other Farm Credit institutions. 627.2755 Payment of claims. 627.2760 Inventory, audit, and reports. 627.2765 Final discharge and release of the receiver. Subpart C - Conservators and Conservatorships 627.2770 Conservators. 627.2775 Appointment of a conservator. 627.2780 Powers and duties of conservators. 627.2785 Inventory, examination, audit, and reports to stockholders. 627.2790 Final discharge and release of the conservator. Subpart D - Voluntary Liquidation 627.2795 Voluntary liquidation. 627.2797 Preservation of equity. PART 630 - DISCLOSURE TO INVESTORS IN SYSTEM-WIDE AND CONSOLIDATED BANK DEBT OBLIGATIONS OF THE FARM CREDIT SYSTEM Authority Authority Appendices Appendix A to Part 630--Supplemental Information Disclosure Guidelines Subpart A - General 630.1 Purpose. 630.2 Definitions. 630.3 Publishing and filing the report to investors. 630.4 Responsibilities for preparing the report to investors. 630.5 Accuracy of reports and assessment of internal control over financial reporting. 630.6 Funding Corporation committees. Subpart B - Annual Report to Investors 630.20 Contents of the annual report to investors. Subpart C - Quarterly Reports to Investors 630.40 Contents of the quarterly report to investors. PART 650 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION GENERAL PROVISIONS Authority Authority No Subpart 650.1 Grounds for appointment of a receiver or conservator. 650.5 Action for removal of receiver or conservator. 650.10 Voluntary liquidation. 650.15 Appointment of a receiver. 650.20 Powers and duties of the receiver. 650.25 Report to Congress. 650.30 Preservation of equity. 650.35 Notice to stockholders. 650.40 Creditor claims. 650.45 Priority of claims. 650.50 Payment of claims. 650.55 Inventory, audit, and reports. 650.60 Final discharge and release of the receiver. 650.65 Appointment of a conservator. 650.70 Powers and duties of the conservator. 650.75 Inventory, examination, and reports to stockholders. 650.80 Final discharge and release of the conservator. PART 651 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION GOVERNANCE Authority Authority No Subpart 651.1 Definitions. 651.2 Conflict-of-interest policy. 651.3 Implementation of policy. 651.4 Director, officer, employee, and agent responsibilities. PART 652 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION FUNDING AND FISCAL AFFAIRS Authority Authority Appendices Appendix A--Subpart B of Part 652--Risk-Based Capital Stress Test Subpart A - Investment Management 652.1 Purpose. 652.5 Definitions. 652.10 Investment management and requirements. 652.15 Interest rate risk management and requirements. 652.20 Liquidity reserve management and requirements. 652.25 Non-program investment purposes and limitation. 652.30 Temporary regulatory waivers or modifications for extraordinary situations. 652.35 Eligible non-program investments. 652.40 Stress tests for mortgage securities. 652.45 Divestiture of ineligible non-program investments. Subpart B - Risk-Based Capital Requirements 652.50 Definitions. 652.55 General. 652.60 Corporation board guidelines. 652.65 Risk-based capital stress test. 652.70 Risk-based capital level. 652.75 Your responsibility for determining the risk-based capital level. 652.80 When you must determine the risk-based capital level. 652.85 When to report the risk-based capital level. 652.90 How to report your risk-based capital determination. 652.95 Failure to meet capital requirements. 652.100 Audit of the risk-based capital stress test. PART 653 - [ADDED AND RESERVED] Authority Authority No Subpart PART 654 - [ADDED AND RESERVED] Authority Authority No Subpart PART 655 - FEDERAL AGRICULTURAL MORTGAGE CORPORATION DISCLOSURE AND REPORTING REQUIREMENTS Authority Authority Subpart A - Annual Report of Condition of the Federal Agricultural Mortgage Corporation 655.1 Content, timing, and providing of the Federal Agricultural Mortgage Corporation annual report of condition. Subpart B - Reports Relating to Securities Activities of the Federal Agricultural Mortgage Corporation 655.50 Form and content. Previous Page Next PageExpand List Collapse List [FCA Home | FCA Handbook]