Electronic Code of Federal Regulations
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e-CFR data is current as of January 15, 2021 |
Title 12 → Chapter VI → Subchapter B → Part 611 → Subpart F → §611.1000 |
Title 12: Banks and Banking
PART 611—ORGANIZATION
Subpart F—Bank Mergers, Consolidations and Charter Amendments
§611.1000 General authority.
(a) An amendment to a Farm Credit bank charter may relate to any provision that is properly the subject of a charter, including, but not limited to, the name of the bank, the location of its offices, or the territory served.
(b) The FCA may make changes in the charter of a Farm Credit bank as may be requested by that bank and approved by the FCA pursuant to §611.1010 of this part.
(c) The FCA may, on its own initiative, make changes in the charter of a Farm Credit bank, and any chartered service corporation thereof, where the FCA determines that the change is necessary to accomplish the purposes of the Act.
[80 FR 51116, Aug. 24, 2015]