12 CFR 650.35
§ 650.35 Notice to stockholders.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 650.35, § 650.35 Notice to stockholders, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48264
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Full text
As soon as practicable after a receiver takes possession of the Corporation, the receiver shall notify, by first class mail, each holder of stock of the following matters:
(a) The number of shares such holder owns;
(b) That the stock and other equities of the Corporation may not be retired or transferred until the liquidation is completed, whereupon the receiver will distribute a liquidating dividend, if any, to the stockholders; and
(c) Such other matters as the receiver or the Farm Credit Administration Board deems necessary.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.