Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 12 - Banks and Banking |
Chapter VI - Farm Credit Administration |
SubChapter B - Farm Credit System |
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. |
§ 615.5453 - 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. |