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Title 12 → Chapter VI → Subchapter B → Part 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.
Back to Top§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]