federal_register: 01-23208
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| document_number | title | type | abstract | publication_date | pub_year | pub_month | html_url | pdf_url | agency_names | agency_ids | excerpts |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 01-23208 | Loan Policies and Operations; Loans to Designated Parties | Proposed Rule | The Farm Credit Administration (FCA or we) is reproposing amendments to its regulations for the approval of loans to designated parties. The term "designated parties" includes Farm Credit System (FCS or System) "insiders" most likely to have a conflict of interest and those FCA and Farm Credit System Insurance Corporation (FCSIC) employees who may legally borrow from the System. The reproposed rule would require the lender's board, or its delegated committee, to approve all loans to a designated party that exceed the greater of $150,000 or 0.5 percent of permanent capital (not to exceed $250,000). The reproposed rule would also eliminate the System banks' approval requirement and include an option allowing an association to enter into an agreement with its affiliated bank to permit the bank to perform the designated party loan approval. | 2001-09-18 | 2001 | 9 | https://www.federalregister.gov/documents/2001/09/18/01-23208/loan-policies-and-operations-loans-to-designated-parties | https://www.govinfo.gov/content/pkg/FR-2001-09-18/pdf/01-23208.pdf | Farm Credit Administration | 154 | The Farm Credit Administration (FCA or we) is reproposing amendments to its regulations for the approval of loans to designated parties. The term "designated parties" includes Farm Credit System (FCS or System) "insiders" most likely to have a conflict... |