§ 956.5 - Authorization for derivative contracts and other transactions.

Latest version.

A Bank may enter into the following types of transactions:

(a) Derivative contracts;

(b) Standby letters of credit, pursuant to the requirements of part 960 of this chapter;

(c) Forward asset purchases and sales;

(d) Commitments to make advances; and

(e) Commitments to make or purchase other loans.

                    
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