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12 CFR 1271.33

§ 1271.33 Book-entry procedure for Financing Corporation obligations.

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

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12 CFR 1271.33, § 1271.33 Book-entry procedure for Financing Corporation obligations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50852
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(a) Authority. Any Federal Reserve Bank shall have authority to apply book-entry procedure to Financing Corporation obligations. (b) Procedure. The book-entry procedure for Financing Corporation obligations shall be governed by the book-entry procedure established for Bank consolidated obligations, codified at part 1270 of this chapter. Wherever the terms “Bank(s),” “consolidated obligation(s)” or “Book-entry consolidated obligation(s)” appear in part 1270, the terms shall be construed also to mean “Financing Corporation,” “Financing Corporation obligation(s),” or “Book-entry Financing Corporation obligation(s),” respectively, if appropriate to accomplish the purposes of this section.

Legislative history

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