{"data":{"id":"us/12-cfr-652.45","jurisdiction":"us","citation":"12 CFR 652.45","heading":"Temporary regulatory waivers or modifications for extraordinary situations.","body":"Whenever the FCA determines that an extraordinary situation exists that necessitates a temporary regulatory waiver or modification, the FCA may, in its sole discretion:\n(a) Modify or waive the minimum liquidity reserve requirement in § 652.40 of this subpart;\n(b) Modify the amount, qualities, and types of eligible investments that you are authorized to hold pursuant to § 652.20 of this subpart; and/or\n(c) Take other actions as deemed appropriate.","path":["Title 12—Banks and Banking","CHAPTER VI—FARM CREDIT ADMINISTRATION","SUBCHAPTER B—FARM CREDIT SYSTEM","PART 652—FEDERAL AGRICULTURAL MORTGAGE CORPORATION FUNDING AND FISCAL AFFAIRS","Subpart A—Investment Management"],"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":"898a61ed82f532122df20daa8f2b0b74d7994c1004dc5afb1a35f2c4793a91d4","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-652.40","next":"us/12-cfr-652.50"},"notice":"GroundRules: Original legal text. Not legal advice."}
