1. Regulations
  2. title 12
  3. chapter VI
  4. part 612
  5. subpart B
  6. § 612.2303

View all text of Subpart B [§ 612.2300 - § 612.2303]

§ 612.2303 - Institution responsibilities.

Each institution shall establish effective policies and procedures designed to ensure compliance with this part, including, but not limited to, adequate internal controls.

AUTHORITY: Secs. 5.9, 5.17, 5.19, 5.31A of the Farm Credit Act of 1971, as amended, (Act) (12 U.S.C. 2243, 2252, 2254, 2267a); Sec. 514 of Pub. L. 102-552, 106 Stat. 4102.

SOURCE: 59 FR 24894, May 13, 1994, unless otherwise noted.

CITE AS: 12 CFR 612.2303