Source: https://www.ecfr.gov/cgi-bin/text-idx?mc=true&node=pt12.7.619&rgn=div5
Timestamp: 2020-01-25 21:44:58
Document Index: 461855260

Matched Legal Cases: ['art 619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§619', '§613']

Title 12 → Chapter VI → Subchapter B → Part 619
§619.9000 The Act.
§619.9010 Additional security.
§619.9015 Agricultural credit associations.
§619.9020 Agricultural credit banks.
§619.9025 Agricultural land.
§619.9050 Associations.
§619.9060 Bank for cooperatives.
§619.9110 Consolidation.
§619.9130 Differential interest rates.
§619.9135 Direct lender.
§619.9140 Farm Credit bank(s).
§619.9145 Farm Credit Bank.
§619.9146 Farm Credit institutions.
§619.9155 Federal land credit association.
§619.9170 Fixed interest rate.
§619.9180 Fixed interest spread.
§619.9185 Funding Corporation.
§619.9195 [Reserved]
§619.9200 Loss-sharing agreements.
§619.9210 Merger.
§619.9230 Open-end mortgage loan plans.
§619.9235 Outside director.
§619.9240 Participation agreement.
§619.9250 Participation certificates.
§619.9260 Primary security.
§619.9270 Qualified Public Accountant or External Auditor.
§619.9310 Senior officer.
§619.9320 Shareholder or stockholder.
§619.9330 Speculative purposes.
§619.9335 Supplemental retirement plan or supplemental executive retirement plan.
§619.9338 Unincorporated business entities.
§619.9340 Variable interest rate.
Source: 37 FR 11446, June 7, 1972, unless otherwise noted.
The Farm Credit Act of 1971; Pub. L. 92-181 and amendments.
Supplementary collateral to the primary security taken in connection with the loan.
Agricultural credit associations are associations created by the merger of one or more Federal land bank associations or Federal land credit associations and one or more production credit associations and which have received a transfer of authority to make and participate in long-term real estate mortgage loans pursuant to section 7.6 of the Act.
[55 FR 24888, June 19, 1990]
Agricultural credit banks are those banks created by the merger of a Farm Credit Bank and a bank for cooperatives pursuant to section 7.0 of the Act.
The term associations includes (individually or collectively) Federal land bank associations, Federal land credit associations, production credit associations, and agricultural credit associations.
A bank for cooperatives is a bank that is operating under section 3.0 of the Act.
[61 FR 67188, Dec. 20, 1996]
Creation of one new organizational entity from two or more existing entities or parts thereof.
An interest rate program under which different rates of interest may be made applicable to individual or classes of loans on the basis of type, purpose, amount, quality of loan, or a combination of these factors.
The term direct lender refers to Farm Credit banks and associations (production credit associations, agricultural credit associations, and Federal land credit associations) authorized to lend to eligible borrowers identified in §613.3000.
[55 FR 24889, June 19, 1990]
Except as otherwise defined, the term Farm Credit bank(s) includes Farm Credit Banks, agricultural credit banks, and banks for cooperatives.
The term Farm Credit Bank refers to a bank resulting from the mandatory merger of the Federal land bank and the Federal intermediate credit bank in each Farm Credit district pursuant to section 410 of the Agricultural Credit Act of 1987, Pub. L. 100-233, or any bank resulting from a merger of two or more Farm Credit Banks.
[55 FR 24889, June 19, 1990, as amended at 56 FR 2675, Jan. 24, 1991]
The term Federal land credit association refers to a Federal land bank association that has received a transfer of direct long-term real estate lending authority pursuant to section 7.6 of the Act.
A percentage to be added to the cost of money to the bank or association as the means of establishing a lending rate.
The term Funding Corporation refers to the Federal Farm Credit Banks Funding Corporation established pursuant to section 4.9 of the Act.
A contractual arrangement under which the parties agree to share losses associated with loans or otherwise, as may be provided for in the agreement.
[42 FR 20457, Apr. 20, 1977]
Combining of one or more organizational entities into another similar entity.
A mortgage loan which permits the borrower to obtain additional sums during the term of the loan.
A contract under which a lender agrees to sell a portion of a loan to one or more purchasers under specific terms set forth in the agreement.
Evidence of investment in a bank or association to which all the rights and obligations of stock attach with the exception of the right to vote in the affairs of the institution.
A qualified public accountant or external auditor is a person who:
(a) Holds a valid and unrevoked certificate, issued to such person by a legally constituted State authority, identifying such person as a certified public accountant;
(b) Is licensed to practice as a public accountant by an appropriate regulatory authority of a State or other political subdivision of the United States;
(c) Is in good standing as a certified and licensed public accountant under the laws of the State or other political subdivision of the United States in which is located the home office or corporate office of the institution that is to be audited;
(d) Is not suspended or otherwise barred from practice as an accountant or public accountant before the Securities and Exchange Commission (SEC) or any other appropriate Federal or State regulatory authority; and
(e) Is independent of the institution that is to be audited. For the purposes of this definition, the term “independent” has the same meaning as under the rules and interpretations of the authoritative body governing overall audit performance. At a minimum, an accountant hired to audit a System institution is not independent if he or she functions in the role of management, audits his or her own work, or serves in an advocacy role for the institution.
To buy or sell with the expectation of profiting by fluctuations in price.
[40 FR 49078, Oct. 21, 1975]
A nonqualified retirement plan that provides benefits in addition to those covered by other retirement plans for all employees and funded in whole or part by a Farm Credit institution.
An Unincorporated Business Entity means a Limited Partnership (LP), Limited Liability Partnership (LLP), Limited Liability Limited Partnership (LLLP), Limited Liability Company (LLC), Business or other Trust Entity (TE), or other business entity established and maintained under State law that is not incorporated under any law or chartered under Federal law.
[78 FR 31834, May 28, 2013]
An interest rate on the outstanding loan balances, which may be changed from time to time during the period of the loan, if provision is made in the note or loan document.