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Federal regulations · Through 2026-08-25 · Newer source version available

12 CFR 615.5550: Bankers' acceptances.

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Where this section sits in the code
  1. Title 12—Banks and Banking
  2. CHAPTER VI—FARM CREDIT ADMINISTRATION
  3. SUBCHAPTER B—FARM CREDIT SYSTEM
  4. PART 615—FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS
  5. Subpart Q—Bankers' Acceptances

Banks for cooperatives may rediscount with other purchasers the acceptances they have created. The bank for cooperatives' board of directors, under established policies, may delegate this authority to management.

Collected 2026-08-27T02:24:16Z. Source file · JSON

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