legal · go-v.org

Amendments to a Bank's capital plan.

CFR · 2024-01-01 · US · Title 12

(a) (b) (1) The name of the Bank making the request and the name, title, and contact information of the official filing the request; (2) The name, title and contact information of the staff member(s) whom FHFA may contact for additional information; (3) A certification by an executive officer of the Bank with knowledge of the facts that the representations made in the request are accurate and complete. (4) A written, narrative description of the proposed amendments to the Bank's capital plan and a discussion of the Bank's reasons for the proposed changes; (5) The amended capital plan as approved by the Bank's board of directors; (6) A version of the Bank's capital plan showing all proposed changes to its previously approved capital plan; (7) Resolutions of the Bank's board of directors: (i) Approving the proposed capital plan amendments; and (ii) Authorizing the filing of the application for approval of the amendments and concurring in substance with the supporting documentation provided; (8) An opinion of counsel demonstrating that the proposed amendments comply with the Bank Act, FHFA regulations and any other applicable law or regulation. If the amendments would be identical in substance to provisions approved for other Banks' capital plans, a Bank's legal analysis may reference the other capital plans that contain the provisions in question; (9) An analysis of the effect of the proposed amendments, if any, on the Bank's capital levels and the Bank's ability to meet its re

official document · source cfr-2024 · id 12:§ 1277.29