{"data":{"id":"us/12-cfr-628.300","jurisdiction":"us","citation":"12 CFR 628.300","heading":"Transitions.","body":"(a) Capital conservation buffer. (1) [Reserved]\n(2) Beginning January 1, 2017 through December 31, 2019 a System institution's maximum capital conservation buffer payout ratio must be determined as set forth in Table 1 to § 628.300.\nTable 1 to § 628.300\nTransition Period Capital conservation buffer Maximum payout ratio (as a percentage of eligible retained income)\nCalendar year 2017 \u003e0.625 percent No limitation.\n≤0.625 percent, and \u003e0.469 percent 60 percent.\n≤0.469 percent, and \u003e0.313 percent 40 percent.\n≤0.313 percent, and \u003e0.156 percent 20 percent.\n≤0.156 percent 0 percent.\nCalendar year 2018 \u003e1.25 percent No limitation.\n≤1.25 percent, and \u003e0.938 percent 60 percent.\n≤0.938 percent, and \u003e0.625 percent 40 percent.\n≤0.625 percent, and \u003e0.313 percent 20 percent.\n≤0.313 percent 0 percent.\nCalendar year 2019 \u003e1.875 percent No limitation.\n≤1.875 percent, and \u003e1.406 percent 60 percent.\n≤1.406 percent, and \u003e0.938 percent 40 percent.\n≤0.938 percent, and \u003e0.469 percent 20 percent.\n≤0.469 percent 0 percent.\n(b)-(e) [Reserved]","path":["Title 12—Banks and Banking","CHAPTER VI—FARM CREDIT ADMINISTRATION","SUBCHAPTER B—FARM CREDIT SYSTEM","PART 628—CAPITAL ADEQUACY OF SYSTEM INSTITUTIONS","Subpart G—Transition Provisions"],"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":"6842e25d6b0b9d9c77ea2779f4aaa6596efa6750e55348efb0f95f62812a04f3","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-628.64-628.99","next":"us/12-cfr-628.301"},"notice":"GroundRules: Original legal text. Not legal advice."}