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12 CFR 611.1136

§ 611.1136 Regulation and examination of service corporations.

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

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12 CFR 611.1136, § 611.1136 Regulation and examination of service corporations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47633
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(a) What regulations apply to a service corporation? Because a service corporation is formed by banks and associations, it is subject to applicable Farm Credit Administration (we, our) regulations. (b) Who examines a service corporation? We examine service corporations. (c) What types of service corporations are subject to our regulations and examination? All incorporated service corporations formed by banks and associations are subject to our regulations and examination.

Legislative history

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