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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 12 - Banks and Banking |
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Chapter VI - Farm Credit Administration |
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SubChapter B - Farm Credit System |
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Part 615 - Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations |
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Subpart M - Issuance of a Capital Directive |
§ 615.5356 - Notice of intent to issue a capital directive.
Latest version.
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§ 615.5356 Notice of intent to issue a capital directive.
The Farm Credit Administration will notify an institution in writing of its intention to issue a capital directive. The notice will state:
(a) The reasons for issuance of the capital directive;
(b) The proposed contents of the capital directive, including the proposed date for achieving the minimum capital requirement; and
(c) Any other relevant information concerning the decision to issue a capital directive.