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12 CFR 611.1040

§ 611.1040 Creation of new associations.

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 611.1040, § 611.1040 Creation of new associations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47620
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Full text

Any application for the issuance of a charter to a new production credit association or Federal land bank association must meet the requirements of sections 2.0 or 2.10, respectively, of the Act. Any application for the issuance of a charter for an agricultural credit association must meet the requirements of section 2.0 of the Act.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.