Title: CORRECTING AMENDMENT--Eligibility and Scope of Financing; Loan Policies and Operations; Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Affairs; General Provisions; Definitions; Disclosure to Shareholders; Nondiscrimination in Lending; Capital Adequacy and Customer Eligibility; Correction--12 CFR Part 615
Issue Date: 04/21/1997
Agency: FCA
Federal Register Cite: 62 FR 19219
___________________________________________________________________________
FARM CREDIT ADMINISTRATION

12 CFR Part 615

RIN 3052-AB10

Eligibility and Scope of Financing; Loan Policies and Operations; Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Affairs; General Provisions; Definitions; Disclosure to Shareholders; Nondiscrimination in Lending; Capital Adequacy and Customer Eligibility; Correction

ACTION: Correcting amendment.

SUMMARY: The Farm Credit Administration (FCA) published a final rule (62 FR 4429, January 30, 1997) that amended the regulations which govern the capital adequacy provisions and the customer eligibility provisions for Farm Credit System institutions. This document corrects a typographical error in the final rule.

EFFECTIVE DATE: March 11, 1997.

FOR FURTHER INFORMATION CONTACT: Cindy R. Nicholson, Paralegal Specialist, Office of Policy Development and Risk Control, Farm Credit Administration, McLean, VA 22102-5090, (703) 883-4498, TDD (703) 883-4444.

SUPPLEMENTARY INFORMATION: In preparing the final rule for publication in the Federal Register, a typographical error was inadvertently made in the 615.5301(b)(2).

List of Subjects

12 CFR Part 613


Agriculture, Banks, Banking, Credit, Rural areas.

12 CFR Part 614


Agriculture, Banks, Banking, Flood insurance, Foreign trade, Reporting and recordkeeping requirements, Rural areas.

12 CFR Part 615


Accounting, Agriculture, Banks, Banking, Government securities, Investments, Rural areas.

12 CFR Part 618


Agriculture, Archives and records, Banks, Banking, Insurance, Reporting and recordkeeping requirements, Rural areas, Technical assistance.

12 CFR Part 619


Agriculture, Banks, Banking, Rural areas.

12 CFR Part 620


Accounting, Agriculture, Banks, Banking, Reporting and recordkeeping requirements, Rural areas.

12 CFR Part 626


Advertising, Aged, Agriculture, Banks, Banking, Civil rights, Credit, Fair housing, Marital status discrimination, Sex discrimination, Signs and symbols.

Accordingly, 12 CFR part 615 is corrected by making the following correcting amendment:

PART 615--FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS; AND FUNDING OPERATIONS

1. The authority citation for part 615 continues to read as follows:

Authority: Secs. 1.5, 1.7, 1.10, 1.11, 1.12, 2.2, 2.3, 2.4, 2.5, 2.12, 3.1, 3.7, 3.11, 3.25, 4.3, 4.3A, 4.9, 4.14B, 4.25, 5.9, 5.17, 6.20, 6.26, 8.3, 8.0, 8.4, 8.6, 8.7, 8.8, 8.10, 8.12 of the Farm Credit Act (12 U.S.C. 2013, 2015, 2018, 2019, 2020, 2073, 2074, 2075, 2076, 2093, 2122, 2128, 2132, 2146, 2154, 2154a, 2160, 2202b, 2211, 2243, 2252, 2278b, 2278b-6, 2279aa, 2279aa-3, 2279aa-4, 2279aa-6, 2279aa-7, 2279aa-8, 2279aa-10, 2279aa-12); sec. 301(a) of Pub. L. 100-233, 101 Stat. 1568, 1608.

Subpart K--Surplus and Collateral Requirements

615.5301 -- [Corrected]


2. On page 4447, second column, paragraph (b)(2) of 615.5301 is corrected by removing the reference " 615.5330(b)(3)" and adding in its place, the reference " 615.5330(b)".

Dated: April 15, 1997.

Floyd Fithian,

Secretary, Farm Credit Administration Board.

[FR Doc. 97-10172 Filed 4-18-97; 8:45 am]


BILLING CODE 6705-01-P