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12 CFR 650.60

§ 650.60 Final discharge and release of the receiver.

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

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12 CFR 650.60, § 650.60 Final discharge and release of the receiver, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48269
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Full text

After the receiver has made a final distribution of the assets of the receivership, the receivership shall be terminated, the charter shall be canceled by the Farm Credit Administration Board if such cancellation has not previously occurred, and the receiver shall be finally discharged and released.

Legislative history

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