{"data":{"id":"us/12-cfr-611.1205","jurisdiction":"us","citation":"12 CFR 611.1205","heading":"Definitions that apply in this subpart.","body":"Assets means all assets determined in conformity with GAAP, except as otherwise required in this subpart.\nBusiness days means days the FCA is open for business.\nDays means calendar days.\nEquity holders means holders of stock, participation certificates, or other equities such as allocated equities.\nGAAP means “generally accepted accounting principles” as that term is defined in § 621.2 of this chapter.\nOFI means an “other financing institution” that has a funding and discount agreement with a Farm Credit bank under section 1.7(b)(1) of the Act.\nSuccessor institution means the bank, savings association, or other financial institution that the terminating bank or association will become when we revoke its Farm Credit charter.","path":["Title 12—Banks and Banking","CHAPTER VI—FARM CREDIT ADMINISTRATION","SUBCHAPTER B—FARM CREDIT SYSTEM","PART 611—ORGANIZATION","Subpart P—Termination of System Institution Status"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"d74a70c14faaf0cefc64d6f2552177d5763e6a8bdf04970b8f51b5f69f6dbc8a","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-611.1200","next":"us/12-cfr-611.1210"},"notice":"GroundRules: Original legal text. Not legal advice."}