12 CFR 615.5502
§ 615.5502 Issuance of global debt securities.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 615.5502, § 615.5502 Issuance of global debt securities, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47902
- Permanent ID
ys:prov:47902@1- SHA-256
6664f6851f682d72ee9f34d43c2ec89cfe440d4aa007a8f1ba3dfa59b3522363
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The Funding Corporation may provide for the sale of global debt securities on behalf of the Farm Credit banks through a global agent or agents by negotiation, offer, bid, or syndicate sale, and deliver such obligations by book-entry, wire transfer, or such other means as may be appropriate.
(b) The Funding Corporation Board of Directors shall establish appropriate criteria for the selection of global agents and shall approve each global agent.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.