Source: http://ecfr.io/Title-12/pt12.10.1400
Timestamp: 2018-12-14 05:29:21
Document Index: 37601037

Matched Legal Cases: ['art 1400', 'art 1400', 'art 1400', 'ART 1400', '§1400', '§1400', '§1400']

[12 CFR 1400] Title 12 Part 1400 : Code of Federal Regulations ';
Title 12 Part 1400
Title 12 → Chapter XIV → Part 1400
PART 1400—ORGANIZATION AND FUNCTIONS
§1400.1 Farm Credit System Insurance Corporation.
§1400.2 Board of Directors of the Farm Credit System Insurance Corporation.
§1400.3 Organization of the Farm Credit System Insurance Corporation.
Authority: 12 U.S.C. 2277a-5; 12 U.S.C. 2277a-7.
Source: 55 FR 36610, Sept. 6, 1990, unless otherwise noted.
The Farm Credit System Insurance Corporation (Corporation) was created by sections 5.52 and 5.58 of the Farm Credit Act of 1971 (Act) to carry out the responsibilities set out in part E of title V of the Act, including insuring the timely payment of principal and interest on notes, bonds, debentures, and other obligations issued under subsection (c) or (d) of section 4.2 of the Farm Credit Act on behalf of one or more Farm Credit System banks.
The Board of Directors of the Farm Credit System Insurance Corporation is entrusted with the responsibility to manage the Corporation. The Board of Directors consists of the members of the Farm Credit Administration Board. The Chairman of the Corporation is elected by the members of the Board.
Officers of the Corporation shall be appointed by the Board of Directors of the Corporation. Current information on the organization of the Corporation may be obtained from the Corporation, 1501 Farm Credit Drive, McLean, Virginia 22102-0826.