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 615 → Subpart C → §615.5100 |
Title 12: Banks and Banking
PART 615—FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS
Subpart C—Issuance of Bonds, Notes, Debentures and Similar Obligations
§615.5100 Authority to issue.
The Act authorizes each bank of the System, subject to the collateral requirements of section 4.3(c) of the Act, to issue:
(a) Notes, bonds, debentures, or other similar obligations;
(b) Consolidated obligations, together with any or all banks organized and operating under the same title of the Act;
(c) Systemwide obligations, together with other banks of the System; and
(d) Investment bonds to the authorized purchasers subject to the limitations contained in the regulations set forth in subpart D.
[54 FR 1160, Jan. 12, 1989]