Liquidation of advances upon termination of membership.

CFR · 2024-01-01 · US · Title 12

If an institution's membership in a Bank is terminated, the Bank shall determine an orderly schedule for liquidating any indebtedness of such member to the Bank; this section shall not require a Bank to call any such indebtedness prior to maturity of the advance. The Bank shall deem any such

official document · source cfr-2024 · id 12:§ 1266.15