[Federal Register Volume 62, Number 47 (Tuesday, March 11, 1997)]
[Rules and Regulations]
[Pages 11071-11072]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-5967]
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Rules and Regulations
Federal Register
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Federal Register / Vol. 62, No. 47 / Tuesday, March 11, 1997 / Rules
and Regulations
[[Page 11071]]
FARM CREDIT ADMINISTRATION
12 CFR Parts 613, 614, 615, 618, 619, 620 and 626
RIN 3052-AB10
Eligibility and Scope of Financing; Loan Policies and Operations;
Funding and Fiscal Affairs, Loan Policies and Operations, and Funding
Affairs; General Provisions; Definitions; Disclosure to Shareholders;
Nondiscrimination in Lending; Capital Adequacy and Customer
Eligibility; Correction and Effective Date
AGENCY: Farm Credit Administration.
ACTION: Final rule correction and notice of effective date.
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SUMMARY: The Farm Credit Administration (FCA) published a final
regulation under parts 613, 614, 615, 618, 619, 620 and 626 on January
30, 1997 (62 FR 4429). The final rule amended current regulations
governing the capital adequacy provisions and the customer eligibility
provisions for Farm Credit System institutions. This document also
corrects typographical and typesetting errors that appeared in the
publication of the final regulation. In accordance with 12 U.S.C. 2252,
the effective date of the final rule is 30 days from the date of
publication in the Federal Register during which either or both Houses
of Congress are in session. Based on the records of the sessions of
Congress, the effective date of the regulation is March 11, 1997.
EFFECTIVE DATE: The regulation amending 12 CFR parts 613, 614, 615,
618, 619, 620 and 626 published on January 30, 1997 (62 FR 4429) and
this correction to that final regulation are effective March 11, 1997.
FOR FURTHER INFORMATION CONTACT:
Dennis K. Carpenter, Senior Policy Analyst, and John J. Hays, Policy
Analyst, Office of Policy Development and Risk Control, Farm Credit
Administration, McLean, Virginia 22102-5090, (703) 883-4498, TDD (703)
883-4444,
or
Rebecca S. Orlich, Senior Attorney, and Richard A. Katz, Senior
Attorney, Office of General Counsel, Farm Credit Administration,
McLean, Virginia 22102-5090, (703) 883-4020, TDD (703) 883-4444.
SUPPLEMENTARY INFORMATION: In preparing the final rule for publication
in the Federal Register, typographical errors were inadvertently made
in the authority citation to part 614 and Sec. 615.5330(b)(1), and a
typesetting error on page 4444.
List of Subjects
12 CFR Part 613
Agriculture, Banks, banking, Credit, Rural areas.
12 CFR Part 614
Agriculture, Banks, banking, Flood insurance, Foreign trade,
Reporting and recordkeeping requirements, Rural areas.
12 CFR Part 615
Accounting, Agriculture, Banks, banking, Government securities,
Investments, Rural areas.
12 CFR Part 618
Agriculture, Archives and records, Banks, banking, Insurance,
Reporting and recordkeeping requirements, Rural areas, Technical
assistance.
12 CFR Part 619
Agriculture, Banks, banking, Rural areas.
12 CFR Part 620
Accounting, Agriculture, Banks, banking, Reporting and
recordkeeping requirements, Rural areas.
12 CFR Part 626
Advertising, Aged, Agriculture, Banks, banking, Civil rights,
Credit, Fair housing, Marital status discrimination, Sex
discrimination, Signs and symbols.
PART 613--ELIGIBILITY AND SCOPE OF FINANCING
1. The authority citation for part 613 continues to read as
follows:
Authority: Secs. 1.5, 1.7, 1.9, 1.10, 1.11, 2.2, 2.4, 2.12, 3.1,
3.7, 3.8, 3.22, 4.18A, 4.25, 4.26, 4.27, 5.9, 5.17 of the Farm
Credit Act (12 U.S.C. 2013, 2015, 2017, 2018, 2019, 2073, 2075,
2093, 2122, 2128, 2129, 2143, 2206a, 2211, 2212, 2213, 2243, 2252).
2. On page 4444, first column, second line, is corrected by setting
out the section heading to read as follows:
Sec. 613.3200 International lending.
PART 614--LOAN POLICIES AND OPERATIONS
3. The authority citation for part 614 is corrected to read as
follows:
Authority: 42 U.S.C. 4012a, 4104a, 4104b, 4106, and 4128; secs.
1.3, 1.5, 1.6, 1.7, 1.9, 1.10, 1.11, 2.0, 2.2, 2.3, 2.4, 2.10, 2.12,
2.13, 2.15, 3.0, 3.1, 3.3, 3.7, 3.8, 3.10, 3.20, 3.28, 4.12, 4.12A,
4.13, 4.13B, 4.14, 4.14A, 4.14C, 4.14D, 4.14E, 4.18, 4.18A, 4.19,
4.36, 4.37, 5.9, 5.10, 5.17, 7.0, 7.2, 7.6, 7.7, 7.8, 7.12, 7.13,
8.0, 8.5 of the Farm Credit Act (12 U.S.C. 2011, 2013, 2014, 2015,
2017, 2018, 2019, 2071, 2073, 2074, 2075, 2091, 2093, 2094, 2096,
2121, 2122, 2124, 2128, 2129, 2131, 2141, 2149, 2183, 2184, 2199,
2201, 2202, 2202a, 2202c, 2202d, 2202e, 2206, 2206a, 2207, 2219a,
2219b, 2243, 2244, 2252, 2279a, 2279a-2, 2279b, 2279b-1, 2279b-2,
2279f, 2279f-1, 2279aa, 2279aa-5); sec. 413 of Pub. L. 100-233, 101
Stat. 1568, 1639.
PART 615--FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS,
AND FUNDING OPERATIONS
4. The authority citation for part 615 continues to read as
follows:
Authority: Secs. 1.5, 1.7, 1.10, 1.11, 1.12, 2.2, 2.3, 2.4, 2.5,
2.12, 3.1, 3.7, 3.11, 3.25, 4.3, 4.3A, 4.9, 4.14B, 4.25, 5.9, 5.17,
6.20, 6.26, 8.0, 8.3, 8.4, 8.6, 8.7, 8.8, 8.10, 8.12 of the Farm
Credit Act (12 U.S.C. 2013, 2015, 2018, 2019, 2020, 2073, 2074,
2075, 2076, 2093, 2122, 2128, 2132, 2146, 2154, 2154a, 2160, 2202b,
2211, 2243, 2252, 2278b, 2278b-6, 2279aa, 2279aa-3, 2279aa-4,
2279aa-6, 2279aa-7, 2279aa-8, 2279aa-10, 2279aa-12); sec. 301(a) of
Pub. L. 100-233, 101 Stat. 1568, 1608.
Subpart K--Surplus and Collateral Requirements
Sec. 615.5330 [Corrected]
5. On page 4448, first column, paragraph (b)(1) of Sec. 615.5330 is
corrected by removing the reference ``Sec. 615.5301(b)(2)'' and adding
in its place, the reference ``Sec. 615.5301(b)''.
[[Page 11072]]
Dated: March 5, 1997.
Floyd Fithian,
Secretary, Farm Credit Administration Board.
[FR Doc. 97-5967 Filed 3-10-97; 8:45 am]
BILLING CODE 6705-01-P
