§ 615.5142 - [Reserved]  


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  • § 615.5142 Association investments.

    An association may hold eligible investments listed in § 615.5140, with the approval of its funding bank, for the purposes of reducing interest rate risk and managing surplus short-term funds. Each bank must review annually the investment portfolio of every association that it funds.

    [64 FR 28899, May 28, 1999

    [Reserved]