12 CFR 1291.65
§ 1291.65 Transfer of Program administration.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 1291.65, § 1291.65 Transfer of Program administration, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51013
- Permanent ID
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Full text
Without limitation on other remedies, FHFA, upon determining that a Bank has engaged in mismanagement of its Program, may designate another Bank to administer all or a portion of the first Bank's annual AHP contribution, for the benefit of the first Bank's members, under such terms and conditions as FHFA may prescribe.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.