Contents of the annual report to investors.

CFR · 2024-01-01 · US · Title 12

The annual report must contain the following: (a) (i) The System's overall organizational structure, its lending institutions by type and their respective authorities, the relationships between different types of institutions, and the overall geographic area and eligible borrowers served by those institutions; (ii) The types of lending activities engaged in and financial services offered by System institutions; (iii) Any significant developments within the last 5 years that have had or could have a material impact on the System's organizational structure and the manner in which System institutions conduct business, including, but not limited to, statutory or regulatory changes, mergers or liquidations of System institutions, terminations of System institution status, and financial assistance provided by or to System institutions through loss-sharing or capital preservation agreements or from any other source; (iv) Any acquisition or disposition of material assets during the last fiscal year that took place outside the ordinary course of business; (v) Any concentrations of more than 10 percent of total assets in particular types of agricultural activities or businesses, and any dependence of an institution or a group of institutions of the System upon a specific activity or business, a single customer, or a few customers, including other financing institutions (OFIs), the loss of any one of which would have a material effect on the System; and (vi) The authority of System inst

official document · source cfr-2024 · id 12:§ 630.20