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e-CFR data is current as of January 19, 2021

Title 12Chapter VISubchapter BPart 615 → Subpart Q


Title 12: Banks and Banking
PART 615—FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS


Subpart Q—Bankers' Acceptances


Contents
§615.5550   Bankers' acceptances.

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§615.5550   Bankers' acceptances.

Banks for cooperatives may rediscount with other purchasers the acceptances they have created. The bank for cooperatives' board of directors, under established policies, may delegate this authority to management.

[71 FR 65387, Nov. 8, 2006]

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