12 CFR 614.4910
§ 614.4910 Basic authorities.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 614.4910, § 614.4910 Basic authorities, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47792
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Full text
(a) Any bank or association of the Farm Credit System, except a bank for cooperatives, with direct lending authority may originate agricultural real estate loans for sale to one or more certified agricultural mortgage marketing facilities under title VIII of the Act.
(b) Any bank or association of the Farm Credit System, except a bank for cooperatives, may operate as an agricultural mortgage marketing facility under title VIII of the Act, either acting alone or jointly with other banks and/or associations, if so certified by the Federal Agricultural Mortgage Corporation.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.