Title 12

PART 611 Part 611 - Organization

PART 611 - ORGANIZATION Authority:Secs. 1.2, 1.3, 1.4, 1.5, 1.12, 1.13, 2.0, 2.1, 2.2, 2.10, 2.11, 2.12, 3.0, 3.1, 3.2, 3.3, 3.7, 3.8, 3.9, 4.3A, 4.12, 4.12A, 4.15, 4.20, 4.21, 4.25, 4.26, 4.27, 4.28A, 5.9, 5.17, 5.25, 7.0-7.13, 8.5(e) of the Farm Credit Act (12 U.S.C. 2002, 2011, 2012, 2013, 2020, 2021, 2071, 2072, 2073, 2091, 2092, 2093, 2121, 2122, 2123, 2124, 2128, 2129, 2130, 2154a, 2183, 2184, 2203, 2208, 2209, 2211, 2212, 2213, 2214, 2243, 2252, 2261, 2279a-2279f-1, 2279aa-5(e)); secs. 411 and 412 of Pub. L. 100-233, 101 Stat. 1568, 1638; secs. 414 of Pub. L. 100-399, 102 Stat. 989, 1004. Source:37 FR 11415, June 7, 1972, unless otherwise noted.

Authority: Secs. 1.2, 1.3, 1.4, 1.5, 1.12, 1.13, 2.0, 2.1, 2.2, 2.10, 2.11, 2.12, 3.0, 3.1, 3.2, 3.3, 3.7, 3.8, 3.9, 4.3A, 4.12, 4.12A, 4.15, 4.20, 4.21, 4.25, 4.26, 4.27, 4.28A, 5.9, 5.17, 5.25, 7.0-7.13, 8.5(e) of the Farm Credit Act (12 U.S.C. 2002, 2011, 2012, 2013, 2020, 2021, 2071, 2072, 2073, 2091, 2092, 2093, 2121, 2122, 2123, 2124, 2128, 2129, 2130, 2154a, 2183, 2184, 2203, 2208, 2209, 2211, 2212, 2213, 2214, 2243, 2252, 2261, 2279a-2279f-1, 2279aa-5(e)); secs. 411 and 412 of Pub. L. 100-233, 101 Stat. 1568, 1638; secs. 414 of Pub. L. 100-399, 102 Stat. 989, 1004.
Source: 37 FR 11415, June 7, 1972, unless otherwise noted.

12:7.0.1.2.12.1	SUBPART A	Subpart A - General
12:7.0.1.2.12.1.1.1	SECTION 611.100	611.100 Definitions.
12:7.0.1.2.12.1.1.2	SECTION 611.110	611.110 Meetings of stockholders.
12:7.0.1.2.12.2	SUBPART B	Subpart B - Bank and Association Board of Directors
12:7.0.1.2.12.2.1.1	SECTION 611.210	611.210 Director qualifications and training.
12:7.0.1.2.12.2.1.2	SECTION 611.220	611.220 Outside directors.
12:7.0.1.2.12.3	SUBPART C	Subpart C - Election of Directors and Other Voting Procedures
12:7.0.1.2.12.3.1.1	SECTION 611.310	611.310 Eligibility for membership on bank and association boards and subsequent employment.
12:7.0.1.2.12.3.1.2	SECTION 611.320	611.320 Impartiality in the election of directors.
12:7.0.1.2.12.3.1.3	SECTION 611.325	611.325 Bank and association nominating committees.
12:7.0.1.2.12.3.1.4	SECTION 611.326	611.326 Floor nominations for open Farm Credit bank and association director positions.
12:7.0.1.2.12.3.1.5	SECTION 611.330	611.330 Disclosures of Farm Credit bank and association director-nominees.
12:7.0.1.2.12.3.1.6	SECTION 611.340	611.340 Confidentiality and security in voting.
12:7.0.1.2.12.3.1.7	SECTION 611.350	611.350 Application of cooperative principles to the election of directors.
12:7.0.1.2.12.3.1.8	SECTION 611.360	611.360 [Reserved]
12:7.0.1.2.12.4	SUBPART D	Subpart D - Compensation Practices of Farm Credit Banks and Associations
12:7.0.1.2.12.4.1.1	SECTION 611.400	611.400 Compensation of bank board members.
12:7.0.1.2.12.4.1.2	SECTION 611.410	611.410 [Reserved]
12:7.0.1.2.12.5	SUBPART E	Subpart E - Transfer of Authorities
12:7.0.1.2.12.5.1.1	SECTION 611.500	611.500 General.
12:7.0.1.2.12.5.1.2	SECTION 611.501	611.501 Procedures.
12:7.0.1.2.12.5.1.3	SECTION 611.505	611.505 Farm Credit Administration review.
12:7.0.1.2.12.5.1.4	SECTION 611.510	611.510 Approval procedures.
12:7.0.1.2.12.5.1.5	SECTION 611.515	611.515 Information statement.
12:7.0.1.2.12.5.1.6	SECTION 611.520	611.520 Plan of transfer.
12:7.0.1.2.12.5.1.7	SECTION 611.525	611.525 Stockholder reconsideration.
12:7.0.1.2.12.6	SUBPART F	Subpart F - Bank Mergers, Consolidations and Charter Amendments
12:7.0.1.2.12.6.1.1	SECTION 611.1000	611.1000 General authority.
12:7.0.1.2.12.6.1.2	SECTION 611.1010	611.1010 Farm Credit bank charter amendment procedures.
12:7.0.1.2.12.6.1.3	SECTION 611.1020	611.1020 Requirements for mergers or consolidations of Farm Credit banks.
12:7.0.1.2.12.6.1.4	SECTION 611.1030	611.1030 [Reserved]
12:7.0.1.2.12.6.1.5	SECTION 611.1040	611.1040 Creation of new associations.
12:7.0.1.2.12.7	SUBPART G	Subpart G - Mergers, Consolidations, and Charter Amendments of Associations
12:7.0.1.2.12.7.1.1	SECTION 611.1120	611.1120 General authority.
12:7.0.1.2.12.7.1.2	SECTION 611.1121	611.1121 Association charter amendment procedures.
12:7.0.1.2.12.7.1.3	SECTION 611.1122	611.1122 Requirements for association mergers or consolidations.
12:7.0.1.2.12.7.1.4	SECTION 611.1123	611.1123 Association merger or consolidation agreements.
12:7.0.1.2.12.7.1.5	SECTION 611.1124	611.1124 Territorial adjustments.
12:7.0.1.2.12.7.1.6	SECTION 611.1125	611.1125 Treatment of associations not approving districtwide mergers.
12:7.0.1.2.12.7.1.7	SECTION 611.1126	611.1126 Reconsiderations of mergers and consolidations.
12:7.0.1.2.12.8	SUBPART H	Subpart H - Rules for Inter-System Fund Transfers
12:7.0.1.2.12.8.1.1	SECTION 611.1130	611.1130 Inter-System transfer of funds and equities.
12:7.0.1.2.12.9	SUBPART I	Subpart I - Service Corporations
12:7.0.1.2.12.9.1.1	SECTION 611.1135	611.1135 Incorporation of service corporations.
12:7.0.1.2.12.9.1.2	SECTION 611.1136	611.1136 Regulation and examination of service corporations.
12:7.0.1.2.12.9.1.3	SECTION 611.1137	611.1137 Title VIII service corporations.
12:7.0.1.2.12.10	SUBPART J	Subpart J - Unincorporated Business Entities
12:7.0.1.2.12.10.1.1	SECTION 611.1150	611.1150 Purpose and scope.
12:7.0.1.2.12.10.1.2	SECTION 611.1151	611.1151 Definitions.
12:7.0.1.2.12.10.1.3	SECTION 611.1152	611.1152 Authority over equity investments in UBEs for business activity.
12:7.0.1.2.12.10.1.4	SECTION 611.1153	611.1153 General restrictions and prohibitions on the use of UBEs.
12:7.0.1.2.12.10.1.5	SECTION 611.1154	611.1154 Notice of equity investments in UBEs.
12:7.0.1.2.12.10.1.6	SECTION 611.1155	611.1155 Approval of equity investments in UBEs.
12:7.0.1.2.12.10.1.7	SECTION 611.1156	611.1156 Ongoing requirements.
12:7.0.1.2.12.10.1.8	SECTION 611.1157	611.1157 Disclosure and reporting requirements.
12:7.0.1.2.12.10.1.9	SECTION 611.1158	611.1158 Grandfather provision.
12:7.0.1.2.12.11	SUBPART K	Subparts K-O [Reserved]
12:7.0.1.2.12.12	SUBPART P	Subpart P - Termination of System Institution Status
12:7.0.1.2.12.12.1.1	SECTION 611.1200	611.1200 Applicability of this subpart.
12:7.0.1.2.12.12.1.2	SECTION 611.1205	611.1205 Definitions that apply in this subpart.
12:7.0.1.2.12.12.1.3	SECTION 611.1210	611.1210 Advance notices - commencement resolution and notice to equity holders.
12:7.0.1.2.12.12.1.4	SECTION 611.1211	611.1211 Special requirements.
12:7.0.1.2.12.12.1.5	SECTION 611.1215	611.1215 Communications with the public and equity holders.
12:7.0.1.2.12.12.1.6	SECTION 611.1216	611.1216 Public availability of documents related to the termination.
12:7.0.1.2.12.12.1.7	SECTION 611.1217	611.1217 Plain language requirements.
12:7.0.1.2.12.12.1.8	SECTION 611.1218	611.1218 Role of directors.
12:7.0.1.2.12.12.1.9	SECTION 611.1219	611.1219 Prohibited acts.
12:7.0.1.2.12.12.1.10	SECTION 611.1220	611.1220 Termination resolution.
12:7.0.1.2.12.12.1.11	SECTION 611.1221	611.1221 Submission to FCA of plan of termination and disclosure information; other required submissions.
12:7.0.1.2.12.12.1.12	SECTION 611.1223	611.1223 Plan of termination - contents.
12:7.0.1.2.12.12.1.13	SECTION 611.1230	611.1230 FCA review and approval - plan of termination.
12:7.0.1.2.12.12.1.14	SECTION 611.1235	611.1235 Plan of termination - distribution.
12:7.0.1.2.12.12.1.15	SECTION 611.1240	611.1240 Voting record date and stockholder approval.
12:7.0.1.2.12.12.1.16	SECTION 611.1245	611.1245 Stockholder reconsideration.
12:7.0.1.2.12.12.1.17	SECTION 611.1246	611.1246 Filing of termination application and its contents.
12:7.0.1.2.12.12.1.18	SECTION 611.1247	611.1247 FCA review and approval - termination.
12:7.0.1.2.12.12.1.19	SECTION 611.1250	611.1250 Preliminary exit fee estimate.
12:7.0.1.2.12.12.1.20	SECTION 611.1255	611.1255 Exit fee calculation.
12:7.0.1.2.12.12.1.21	SECTION 611.1260	611.1260 Payment of debts and assessments - terminating association.
12:7.0.1.2.12.12.1.22	SECTION 611.1265	611.1265 Retirement of a terminating association's investment in its affiliated bank.
12:7.0.1.2.12.12.1.23	SECTION 611.1270	611.1270 Repayment of obligations - terminating bank.
12:7.0.1.2.12.12.1.24	SECTION 611.1275	611.1275 Retirement of equities held by other System institutions.
12:7.0.1.2.12.12.1.25	SECTION 611.1280	611.1280 Dissenting stockholders' rights.
12:7.0.1.2.12.12.1.26	SECTION 611.1285	611.1285 Loan refinancing by borrowers.
12:7.0.1.2.12.12.1.27	SECTION 611.1290	611.1290 Continuation of borrower rights.