1. Regulations
  2. title 12
  3. chapter VI
  4. part 617
  5. subpart E
  6. § 617.7405

View all text of Subpart E [§ 617.7400 - § 617.7430]

§ 617.7405 - On what policies are loan restructurings based?

Loan restructurings must be made in accordance with the policy adopted by the supervising bank board of directors under section 4.14A(g) of the Act.

AUTHORITY: Secs. 4.13, 4.13A, 4.13B, 4.14, 4.14A, 4.14C, 4.14D, 4.14E, 4.36, 5.9, 5.17 of the Farm Credit Act (12 U.S.C. 2199, 2200, 2201, 2202, 2202a, 2202c, 2202d, 2202e, 2219a, 2243, 2252).

SOURCE: 69 FR 10907, 10908, Mar. 9, 2004, unless otherwise noted.

CITE AS: 12 CFR 617.7405