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Home Page > Executive Branch > Code of Federal Regulations > Electronic Code of Federal Regulations
e-CFR Data is current as of February 4, 2010
TITLE 12--Banks and Banking
CHAPTER VI--FARM CREDIT ADMINISTRATION
SUBCHAPTER B--FARM CREDIT SYSTEM
PART 611--ORGANIZATION
Subpart A--[RESERVED]
Subpart B--BANK AND ASSOCIATION BOARD OF DIRECTORS
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| Director qualifications and training. |
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Subpart C--ELECTION OF DIRECTORS AND OTHER VOTING PROCEDURES
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| Eligibility for membership on bank and association boards and subsequent employment. |
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| Impartiality in the election of directors. |
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| Bank and association nominating committees. |
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| Confidentiality in voting. |
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| Application of cooperative principles to the election of directors. |
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Subpart D--RULES FOR COMPENSATION OF BOARD MEMBERS
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| Compensation of bank board members. |
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Subpart E--TRANSFER OF AUTHORITIES
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| Farm Credit Administration review. |
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| Stockholder reconsideration. |
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Subpart F--BANK MERGERS, CONSOLIDATIONS AND CHARTER AMENDMENTS
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| Bank charter amendment procedures. |
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| Requirements for mergers or consolidations of banks. |
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| Creation of new associations. |
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Subpart G--MERGERS, CONSOLIDATIONS, AND CHARTER AMENDMENTS OF ASSOCIATIONS
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| Charter amendment procedures. |
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| Requirements for mergers or consolidations. |
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| Merger or consolidation agreements. |
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| Treatment of associations not approving districtwide mergers. |
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Subpart H--RULES FOR INTER-SYSTEM FUND TRANSFERS
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| Inter-System transfer of funds and equities. |
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Subpart I--SERVICE ORGANIZATIONS
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| Incorporation of service corporations. |
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| Regulation and examination of service organizations. |
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| Title VIII service corporations. |
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Subparts J-O--[RESERVED]
Subpart P--TERMINATION OF SYSTEM INSTITUTION STATUS
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| Applicability of this subpart. |
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| Definitions that apply in this subpart. |
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| Advance notices--commencement resolution and notice to equity holders. |
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| Communications with the public and equity holders. |
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| Public availability of documents related to the termination. |
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| Plain language requirements. |
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| Submission to FCA of plan of termination and disclosure information; other required submissions. |
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| Plan of termination--contents. |
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| FCA review and approval--plan of termination. |
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| Plan of termination--distribution. |
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| Voting record date and stockholder approval. |
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| Stockholder reconsideration. |
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| Filing of termination application and its contents. |
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| FCA review and approval--termination. |
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| Preliminary exit fee estimate. |
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| Payment of debts and assessments--terminating association. |
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| Retirement of a terminating association's investment in its affiliated bank. |
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| Repayment of obligations--terminating bank. |
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| Retirement of equities held by other System institutions. |
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| Dissenting stockholders' rights. |
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| Loan refinancing by borrowers. |
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| Continuation of borrower rights. |
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