Part 615 - Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations  


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 requirement.
§ 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.
§ 615.5105 - Consolidated Systemwide notes.
§§ 615.5103--615.5104 - [Reserved]
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.
§ 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 - [Reserved]
§ 615.5143 - Management of ineligible investments and reservation of authority to require divestiture.
§ 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 - Bank interest rate risk management program.
§ 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 standards.
§ 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]
§§ 615.5209--615.5212 - [Reserved]
Subpart I - Issuance of Equities
§ 615.5220 - Capitalization bylaws.
§ 615.5230 - Implementation of cooperative principles.
§ 615.5240 - Regulatory capital requirements.
§ 615.5245 - Limitations on association preferred stock.
§ 615.5250 - Disclosure requirements for sales of borrower stock.
§ 615.5255 - Disclosure and review requirements for sales of 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 - XXX
§ 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 - XXX
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 - XXX
§ 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.