Involuntary termination of membership.

CFR · 2024-01-01 · US · Title 12

(a) (1) Fails to comply with any requirement of the Bank Act, any regulation adopted by FHFA, or any requirement of the Bank's capital plan; (2) Becomes insolvent or otherwise subject to the appointment of a conservator, receiver, or other legal custodian under federal or State law; or (3) Would jeopardize the safety or soundness of the Bank if it were to remain a member. (b) (c)

official document · source cfr-2024 · id 12:§ 1263.27