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

12 CFR 650.35: Notice to stockholders.

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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 650—FEDERAL AGRICULTURAL MORTGAGE CORPORATION GENERAL PROVISIONS
  5. Subpart B—Conservators, Receivers, and Liquidations

As soon as practicable after a receiver takes possession of the Corporation, the receiver shall notify, by first class mail, each holder of stock of the following matters:

(a) The number of shares such holder owns;

(b) That the stock and other equities of the Corporation may not be retired or transferred until the liquidation is completed, whereupon the receiver will distribute a liquidating dividend, if any, to the stockholders; and

(c) Such other matters as the receiver or the Farm Credit Administration Board deems necessary.

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

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