Title 12

PART 614

Part 614 - Loan Policies And Operations

PART 614 - LOAN POLICIES AND OPERATIONS Authority:42 U.S.C. 4012a, 4104a, 4104b, 4106, and 4128; 12 U.S.C. 2011, 2013, 2014, 2015, 2017, 2018, 2019, 2071, 2073, 2074, 2075, 2091, 2093, 2094, 2097, 2121, 2122, 2124, 2128, 2129, 2131, 2141, 2149, 2183, 2184, 2201, 2202, 2202a, 2202d, 2202e, 2206, 2206a, 2207, 2211, 2212, 2213, 2214, 2219a, 2219b, 2243, 2244, 2252, 2279a, 2279a-2, 2279b, 2279c-1, 2279f, 2279f-1, 2279aa, 2279aa-5; sec. 413 of Pub. L. 100-233, 101 Stat. 1568, 1639 (12 U.S.C. 2121 note).

12:7.0.1.2.15.1SUBPART A
Subpart A - Lending Authorities
12:7.0.1.2.15.1.1.1SECTION 614.4000
   614.4000 Farm Credit Banks.
12:7.0.1.2.15.1.1.2SECTION 614.4010
   614.4010 Agricultural credit banks.
12:7.0.1.2.15.1.1.3SECTION 614.4020
   614.4020 Banks for cooperatives.
12:7.0.1.2.15.1.1.4SECTION 614.4030
   614.4030 Federal land credit associations.
12:7.0.1.2.15.1.1.5SECTION 614.4040
   614.4040 Production credit associations.
12:7.0.1.2.15.1.1.6SECTION 614.4050
   614.4050 Agricultural credit associations.
12:7.0.1.2.15.1.1.7SECTION 614.4055
   614.4055 Federal Agricultural Mortgage Corporation loan participations.
12:7.0.1.2.15.1.1.8SECTION 614.4060
   614.4060 Affiliates established pursuant to section 8.5(e)(1) of the Farm Credit Act of 1971.
12:7.0.1.2.15.2SUBPART B
Subpart B - Chartered Territories
12:7.0.1.2.15.2.1.1SECTION 614.4070
   614.4070 Loans and chartered territory - Farm Credit Banks, agricultural credit banks, Federal land bank associations, Federal land credit associations, production credit associations, and agricultural credit associations.
12:7.0.1.2.15.2.1.2SECTION 614.4080
   614.4080 Loans and chartered territory - banks for cooperatives.
12:7.0.1.2.15.3SUBPART C
Subpart C - Bank/Association Lending Relationship
12:7.0.1.2.15.3.1.1SECTION 614.4100
   614.4100 Policies governing lending through Federal land bank associations.
12:7.0.1.2.15.3.1.2SECTION 614.4110
   614.4110 Transfer of direct lending authority to Federal land bank associations and agricultural credit associations.
12:7.0.1.2.15.3.1.3SECTION 614.4120
   614.4120 Policies governing extensions of credit to direct lender associations and OFIs.
12:7.0.1.2.15.3.1.4SECTION 614.4125
   614.4125 Funding and discount relationships between Farm Credit Banks or agricultural credit banks and direct lender associations.
12:7.0.1.2.15.3.1.5SECTION 614.4130
   614.4130 Funding and discount relationships between Farm Credit Banks or agricultural credit banks and OFIs.
12:7.0.1.2.15.4SUBPART D
Subpart D - General Loan Policies for Banks and Associations
12:7.0.1.2.15.4.1.1SECTION 614.4150
   614.4150 Lending policies and loan underwriting standards.
12:7.0.1.2.15.4.1.2SECTION 614.4155
   614.4155 Interest rates.
12:7.0.1.2.15.4.1.3SECTION 614.4160
   614.4160 Differential interest rate programs.
12:7.0.1.2.15.4.1.4SECTION 614.4165
   614.4165 Young, beginning, and small farmers and ranchers.
12:7.0.1.2.15.4.1.5SECTION 614.4170
   614.4170 General.
12:7.0.1.2.15.4.1.6SECTION 614.4175
   614.4175 Uninsured voluntary and involuntary accounts.
12:7.0.1.2.15.5SUBPART E
Subpart E - Loan Terms and Conditions
12:7.0.1.2.15.5.1.1SECTION 614.4200
   614.4200 General requirements.
12:7.0.1.2.15.5.1.2SECTION 614.4231
   614.4231 Certain seasonal commodity loans to cooperatives.
12:7.0.1.2.15.5.1.3SECTION 614.4232
   614.4232 Loans to domestic lessors.
12:7.0.1.2.15.5.1.4SECTION 614.4233
   614.4233 International loans.
12:7.0.1.2.15.6SUBPART F
Subpart F - Collateral Evaluation Requirements
12:7.0.1.2.15.6.1.1SECTION 614.4240
   614.4240 Collateral definitions.
12:7.0.1.2.15.6.1.2SECTION 614.4245
   614.4245 Collateral evaluation policies.
12:7.0.1.2.15.6.1.3SECTION 614.4250
   614.4250 Collateral evaluation standards.
12:7.0.1.2.15.6.1.4SECTION 614.4255
   614.4255 Independence requirements.
12:7.0.1.2.15.6.1.5SECTION 614.4260
   614.4260 Evaluation requirements.
12:7.0.1.2.15.6.1.6SECTION 614.4265
   614.4265 Real property evaluations.
12:7.0.1.2.15.6.1.7SECTION 614.4266
   614.4266 Personal and intangible property evaluations.
12:7.0.1.2.15.6.1.8SECTION 614.4267
   614.4267 Professional association membership; competency.
12:7.0.1.2.15.7SUBPART G
Subpart G [Reserved]
12:7.0.1.2.15.8SUBPART H
Subpart H - Loan Purchases and Sales
12:7.0.1.2.15.8.1.1SECTION 614.4325
   614.4325 Purchase and sale of interests in loans.
12:7.0.1.2.15.8.1.2SECTION 614.4330
   614.4330 Loan participations.
12:7.0.1.2.15.8.1.3SECTION 614.4335
   614.4335 Borrower stock requirements.
12:7.0.1.2.15.8.1.4SECTION 614.4337
   614.4337 Disclosure to borrowers.
12:7.0.1.2.15.9SUBPART I
Subpart I - Loss-Sharing Agreements
12:7.0.1.2.15.9.1.1SECTION 614.4340
   614.4340 General.
12:7.0.1.2.15.9.1.2SECTION 614.4345
   614.4345 Guaranty agreements.
12:7.0.1.2.15.10SUBPART J
Subpart J - Lending and Leasing Limits
12:7.0.1.2.15.10.1.1SECTION 614.4350
   614.4350 Definitions.
12:7.0.1.2.15.10.1.2SECTION 614.4351
   614.4351 Computation of lending and leasing limit base.
12:7.0.1.2.15.10.1.3SECTION 614.4352
   614.4352 Farm Credit Banks and agricultural credit banks.
12:7.0.1.2.15.10.1.4SECTION 614.4353
   614.4353 Direct lender associations.
12:7.0.1.2.15.10.1.5SECTION 614.4354
   614.4354 [Reserved]
12:7.0.1.2.15.10.1.6SECTION 614.4355
   614.4355 Banks for cooperatives.
12:7.0.1.2.15.10.1.7SECTION 614.4356
   614.4356 Farm Credit Leasing Services Corporation.
12:7.0.1.2.15.10.1.8SECTION 614.4357
   614.4357 Banks for cooperatives look-through notes.
12:7.0.1.2.15.10.1.9SECTION 614.4358
   614.4358 Computation of obligations.
12:7.0.1.2.15.10.1.10SECTION 614.4359
   614.4359 Attribution rules.
12:7.0.1.2.15.10.1.11SECTION 614.4360
   614.4360 Lending and leasing limit violations.
12:7.0.1.2.15.10.1.12SECTION 614.4361
   614.4361 Transition.
12:7.0.1.2.15.10.1.13SECTION 614.4362
   614.4362 Loan and lease concentration risk mitigation policy.
12:7.0.1.2.15.11SUBPART K
Subparts K-L [Reserved]
12:7.0.1.2.15.12SUBPART M
Subpart M - Loan Approval Requirements
12:7.0.1.2.15.12.1.1SECTION 614.4450
   614.4450 General requirements.
12:7.0.1.2.15.12.1.2SECTION 614.4460
   614.4460 Loan approval responsibility.
12:7.0.1.2.15.12.1.3SECTION 614.4470
   614.4470 Loans subject to bank approval.
12:7.0.1.2.15.13SUBPART N
Subpart N [Reserved]
12:7.0.1.2.15.14SUBPART O
Subpart O - Special Lending Programs
12:7.0.1.2.15.14.1.1SECTION 614.4525
   614.4525 General.
12:7.0.1.2.15.14.1.2SECTION 614.4530
   614.4530 Special loans, production credit associations and agricultural credit associations.
12:7.0.1.2.15.15SUBPART P
Subpart P - Farm Credit Bank and Agricultural Credit Bank Financing of Other Financing Institutions
12:7.0.1.2.15.15.1.1SECTION 614.4540
   614.4540 Other financing institution access to Farm Credit Banks and agricultural credit banks for funding, discount, and other similar financial assistance.
12:7.0.1.2.15.15.1.2SECTION 614.4550
   614.4550 Place of discount.
12:7.0.1.2.15.15.1.3SECTION 614.4560
   614.4560 Requirements for OFI funding relationships.
12:7.0.1.2.15.15.1.4SECTION 614.4570
   614.4570 Recourse and security.
12:7.0.1.2.15.15.1.5SECTION 614.4580
   614.4580 Limitation on the extension of funding, discount and other similar financial assistance to an OFI.
12:7.0.1.2.15.15.1.6SECTION 614.4590
   614.4590 Equitable treatment of OFIs and Farm Credit System associations.
12:7.0.1.2.15.15.1.7SECTION 614.4595
   614.4595 Public disclosure about OFIs.
12:7.0.1.2.15.15.1.8SECTION 614.4600
   614.4600 Insolvency of an OFI.
12:7.0.1.2.15.16SUBPART Q
Subpart Q - Banks for Cooperatives and Agricultural Credit Banks Financing International Trade
12:7.0.1.2.15.16.1.1SECTION 614.4700
   614.4700 Financing foreign trade receivables.
12:7.0.1.2.15.16.1.2SECTION 614.4710
   614.4710 [Reserved]
12:7.0.1.2.15.16.1.3SECTION 614.4720
   614.4720 Letters of credit.
12:7.0.1.2.15.16.1.4SECTION 614.4800
   614.4800 Guarantees and contracts of suretyship.
12:7.0.1.2.15.16.1.5SECTION 614.4810
   614.4810 Standby letters of credit.
12:7.0.1.2.15.16.1.6SECTION 614.4900
   614.4900 Foreign exchange.
12:7.0.1.2.15.17SUBPART R
Subpart R - Secondary Market Authorities
12:7.0.1.2.15.17.1.1SECTION 614.4910
   614.4910 Basic authorities.
12:7.0.1.2.15.18SUBPART S
Subpart S - Flood Insurance Requirements
12:7.0.1.2.15.18.1.1SECTION 614.4920
   614.4920 Purpose and scope.
12:7.0.1.2.15.18.1.2SECTION 614.4925
   614.4925 Definitions.
12:7.0.1.2.15.18.1.3SECTION 614.4930
   614.4930 Requirement to purchase flood insurance where available.
12:7.0.1.2.15.18.1.4SECTION 614.4932
   614.4932 Exemptions.
12:7.0.1.2.15.18.1.5SECTION 614.4935
   614.4935 Escrow requirement.
12:7.0.1.2.15.18.1.6SECTION 614.4940
   614.4940 Required use of standard flood hazard determination form.
12:7.0.1.2.15.18.1.7SECTION 614.4945
   614.4945 Force placement of flood insurance.
12:7.0.1.2.15.18.1.8SECTION 614.4950
   614.4950 Determination fees.
12:7.0.1.2.15.18.1.9SECTION 614.4955
   614.4955 Notice of special flood hazards and availability of Federal disaster relief assistance.
12:7.0.1.2.15.18.1.10SECTION 614.4960
   614.4960 Notice of servicer's identity.
12:7.0.1.2.15.18.1.11.1APPENDIX Appendix A
   Appendix A to Subpart S of Part 614 - Sample Form of Notice of Special Flood Hazards and Availability of Federal Disaster Relief Assistance
12:7.0.1.2.15.18.1.11.2APPENDIX Appendix B
   Appendix B to Subpart S of Part 614 - Sample Clause for Option to Escrow for Outstanding Loans