legal · go-v.org

Other financing institution access to Farm Credit Banks and agricultural credit banks for funding, discount, and other similar financial assistance.

CFR · 2024-01-01 · US · Title 12

(a) (b) (1) Maintains at least 15 percent of its loan volume at a seasonal peak in loans and leases to farmers, ranchers, aquatic producers and harvesters. The Farm Credit Bank or agricultural credit bank shall not include the loan assets of the OFI's parent, affiliates, or subsidiaries when determining compliance with the requirement of this paragraph; and (2) Executes a general financing agreement with the Farm Credit Bank or agricultural credit bank that establishes a financing or discount relationship for at least 2 years. (c) (d) (1) Adversely affect a Farm Credit Bank or agricultural credit bank's ability to: (i) Achieve and maintain established or projected capital levels; or (ii) Raise funds in the money markets; or (2) Otherwise expose the Farm Credit Bank or agricultural credit bank to safety and soundness risks. (e) (f)

official document · source cfr-2024 · id 12:§ 614.4540