Code of Federal Regulations (Last Updated: April 5, 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 E - Investment Management |
§ 615.5142 - [Reserved]
Latest version.
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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]