Federal Register Digest Archive


Farm Credit Administration

69 Fed. Reg. 74110 (December 13, 2004) (notice). The Farm Credit Administration, as an independent regulatory agency, in compliance with Executive Order 12866, sets forth the following agenda of regulations, which it will have under development and review during the 12 months following publication.

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69 Fed. Reg. 72195 (December 13, 2004) (notice). The Farm Credit Administration gave notice on December 6, 2004 of the regular meeting of the Farm Credit Administration Board (Board) scheduled for December 9, 2004. This notice is to amend the agenda by moving an item from the open to the closed session of that meeting.

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69 Fed. Reg. 70433 (December 6, 2004) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 68767 (November 26, 2004) (final rule) (to be codified at 12 C.F.R. Parts 613, 614, and 618). The Farm Credit Administration published a final rule under parts 613, 614, and 618 on July 21, 2004. This final rule amends regulations governing domestic and international lending, certain intra-Farm Credit System consent requirements concerning similar entity participation transactions, provisions of general financing agreements, and related services. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is November 19, 2004.

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69 Fed. Reg. 67074 (November 16, 2004) (proposed rule). The Farm Credit Administration proposes to allow a borrower to waive borrower rights when receiving a loan from a qualified lender as part of a loan syndication with non-System lenders that are otherwise not required by the Farm Credit Act of 1971, as amended to provide borrower rights. This proposal would provide qualified lenders needed flexibility to meet the credit needs of borrowers seeking financing from a qualified lender as part of certain syndicated lending arrangements.

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69 Fed. Reg. 67070 (November 16, 2004) (proposed rule). The Farm Credit Administration proposes to amend its liquidity reserve requirement for the banks of the Farm Credit System. The proposed rule would increase the minimum liquidity reserve requirement to 90 days. FCA also proposes to change the eligible investment limit from 30 percent of total outstanding loans to 35 percent of total outstanding loans.

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69 Fed. Reg. 64757 (November 8, 2004) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 55362 (September 14, 2004) (proposed rule) (to be codified at 12 C.F.R. Part 615). The Farm Credit Administration adopts a proposed rule that amends regulations governing investments in farmers' notes. The FCA also proposes amendments to its capital regulations.

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69 Fed. Reg. 55160 (September 13, 2004) (notice). The Farm Credit Administration gave notice on September 7, 2004 (69 FR 54148), of the regular meeting of the Farm Credit Administration Board scheduled for September 9, 2004. This notice is to amend the agenda by adding an item to the open session of that meeting.

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69 Fed. Reg. 54148 (September 7, 2004) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 48492 (August 10, 2004) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 47983 (August 6, 2004) (proposed rule) (to be codified at 12 C.F.R. Parts 607, 614, 615, and 620). The Farm Credit Administration proposes to change its regulatory capital standards on recourse obligations, direct credit substitutes, residual interests, asset- and mortgage-backed securities, guarantee arrangements, claims on securities firms, and certain qualified residential loans.

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69 Fed. Reg. 44925 (July 28, 2004) (final rule) (to be codified at 12 C.F.R. Parts 614 and 615). The Farm Credit Administration (FCA) published a final rule under parts 614 and 615 on May 26, 2004 (69 FR 29852). This final rule removes unnecessary provisions in the existing other financing institution (OFI) regulations that impede the flow of credit or do not enhance safe and sound operations. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is July 22, 2004.

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69 Fed. Reg. 43511 (July 21, 2004) (final rule) (to be codified at 12 C.F.R. Parts 613, 614, and 618). The Farm Credit Administration (FCA) issues this final rule amending regulations governing domestic and international lending, certain intra-Farm Credit System (FCS) consent requirements concerning similar entity participation transactions, provisions of general financing agreements (GFAs), and related services.

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69 Fed. Reg. 42852 (July 19, 2004) (final rule) (to be codified at 12 C.F.R. Parts 609, 611, 612, 614, 615, and 617). The Farm Credit Administration (FCA) published a document in the Federal Register on March 9, 2004 (69 FR 10901, clarifying the rights provided in the Farm Credit Act of 1971, as amended, for loan applicants and borrowers of the Farm Credit System (System) and explaining the responsibilities of the System in providing these rights, responding to comments, and placing all borrower rights provisions in one part of our regulations. That document failed to include a necessary nomenclature change to Sec. 609.930(i). This document corrects the final regulations by revising this section.

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69 Fed. Reg. 42853 (July 19, 2004) (final rule) (to be codified at 12 C.F.R. Part 614). The Farm Credit Administration responds to a comment letter on a final rule that repealed regulations that required a Farm Credit System (FCS) bank or association to provide notice or obtain consent before purchasing participations in loans that a non-System lender originates in the chartered territory of another FCS institution. This response, which is pursuant to an order of the United States District Court for the District of Columbia dated April 8, 2004, supplements the preamble to the final rule that was published at 65 FR 24101 on April 25, 2000.

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69 Fed. Reg. 41606 (July 16, 2004) (proposed rule) (to be codified at 12 C.F.R. Part 1412). The Farm Credit Insurance Corporation is issuing a proposed rule limiting golden parachute and indemnification payments to institution-related parties by Farm Credit System institutions, including their subsidiaries, service corporations and affiliates. The purpose of the rule is to prevent abuses in golden parachute and indemnity payments and to protect the assets of the institution and the Farm Credit System Insurance Fund.

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69 Fed. Reg. 40928 (July 7, 2004) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 32905 (June 14, 2004) (proposed rule) (to be codified at 12 CFR Parts 620, 621, 650, 651, 652, 653, 654, and 655). The Farm Credit Administration (FCA) proposes regulations governing the Federal Agricultural Mortgage Corporation (Farmer Mac or the Corporation) in the areas of non-program investments and liquidity. FCA is proposing the regulations to ensure that Farmer Mac holds only high-quality, liquid investments to maintain a sufficient liquidity reserve, invest surplus funds, and manage interest-rate risk, while not holding excessive amounts of non-program investments considering Farmer Mac's status as a Government-sponsored enterprise.

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69 Fed. Reg. 31541 (June 4, 2004) (proposed rule) (to be codified at 12 CFR Parts 611, 612, 614, 615, and 620). The Farm Credit Administration (FCA) proposes to change its regulatory capital treatment for preferred stock issued by Farm Credit System (FCS) banks, associations, and service corporations and place certain restrictions on the retirement of preferred stock. Additionally, this proposal would require greater board involvement and oversight in the retirement of preferred stock, enhance the current standards of conduct regulations to specifically address insider preferred stock transactions, and require disclosure of senior officer and director preferred stock transactions. FCA also proposes to modify and streamline our process for reviewing and clearing disclosure for certain issuances of FCS equities. Lastly, FCA proposes to add a new provision to control investments by FCS banks, associations, and service corporations in preferred stock of other FCS institutions, including the Federal Agricultural Mortgage Corporation.

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69 Fed. Reg. 31120 (June 2, 2004) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 29852 (May 26, 2004) (final rule) (to be codified at 12 C.F.R. Parts 614 and 615). The Farm Credit Administration adopts a final rule that amends regulations governing other financing institutions (OFIs). The purpose of the final rule is to make it easier for OFIs to obtain funding for short- and intermediate-term loans to farmers, ranchers, aquatic producers, farm-related businesses, and rural homeowners through Farm Credit System banks.

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69 Fed. Reg. 26763 (May 14, 2004) (final rule) (to be codified at 12 C.F.R. Parts 614 and 617). The Farm Credit Administration (FCA) published a final rule under parts 614 and 617 on March 30, 2004 (69 FR 16455). This final rule clarifies when and how qualified lenders must disclose the effective interest rates and other loan information to borrowers; when and how the cost of Farm Credit System borrower stock must be disclosed to borrowers; and how loan origination charges and other loan information must be disclosed to borrowers. In accordance with 12 U.S.C. 2252, the effective date of the interim final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is May 10, 2004.

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69 Fed. Reg. 26763 (May 14, 2004) (final rule) (to be codified at 12 C.F.R. Parts 614, 620, and 630). The Farm Credit Administration (FCA) published a final rule under parts 614, 620, 630 on March 30, 2004 (69 FR 16460). This final rule amends the regulations governing the Farm Credit System's (System) mission to provide sound and constructive credit and services to young, beginning, and small farmers and ranchers and producers or harvesters of aquatic products (YBS). Additionally, with this final rule, the agency amends the System's disclosure to shareholders and investors to include reporting on its service to YBS farmers and ranchers. In accordance with 12 U.S.C. 2252, the effective date of the interim final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is May 10, 2004.

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69 Fed. Reg. 26094 (May 10, 2004) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board (Board).

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69 Fed. Reg. 25578 (May 7, 2004) (notice). The Farm Credit Administration publishes this notice to inform the public of its decision to deny a request by a Farm Credit System institution for approval to offer farm management and agricultural trust services as authorized related services. The proposed services were published for public comment on August 19, 2003

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69 Fed. Reg. 22029 (April 23, 2004) (notice). The Farm Credit Administration gave notice on April 20, 2004 of the regular meeting of the Farm Credit Administration Board scheduled for April 22, 2004. This notice is to amend the agenda by adding an item to the open session of that meeting.

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69 Fed. Reg. 21699 (April 22, 2004) (final rule) (to be codified at 12 CFR Parts 609, 611, 612, 614, 615, and 617). The Farm Credit Administration published a final rule under parts 609, 611, 612, 613, 614, 615, and 617 on March 9, 2004, that clarified the rights provided for loan applicants and borrowers of the Farm Credit System. The final rule further explained the responsibilities of the System in providing these rights, responds to comments, and places all borrower rights provisions in one part of its regulations. The effective date of the regulations is April 19, 2004.

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69 Fed. Reg. 21832 (April 22, 2004) (notice). This notice announces the special meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 21098 (April 20, 2004) (notice). This notice announces the regular meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 17660 (April 5, 2004) (notice). This notice announces that the April 8, 2004 regular meeting of the Farm Credit Administration Board has been rescheduled. The regular meeting of the Board will be held April 22, 2004 starting at 9 a.m. An agenda for this meeting will be published at a later date.

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69 Fed. Reg. 16455 (March 30, 2004) (final rule) (to be codified at 12 C.F.R. Parts 614 and 617). The Farm Credit Administration issues this final rule amending its regulations governing disclosure of effective interest rates (EIR) and related information on loans. This final rule clarifies when and how qualified lenders must disclose the EIR and other loan information to borrowers; when and how the cost of Farm Credit System borrower stock must be disclosed to borrowers; and how loan origination charges and other loan information must be disclosed to borrowers. The final rule requires lenders to use a discounted cash flow method in determining the EIR to provide meaningful disclosures to borrowers but does not prescribe detailed calculation procedures.

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69 Fed. Reg. 16460 (March 30, 2004) (final rule) (to be codified at 12 C.F.R. Parts 614, 620, and 630). The Farm Credit Administration issues this final rule amending its regulations governing the Farm Credit System's mission to provide sound and constructive credit and services to young, beginning, and small farmers and ranchers and producers or harvesters of aquatic products.

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69 Fed. Reg. 12694 (March 17, 2004) (notice). The Farm Credit Administration (FCA) is seeking public input on the changes it should consider making to its systematic collection of standardized loan data. The agency currently collects basic descriptive information from Farm Credit System (FCS) banks and associations, in a standardized format, using the Loan Account Reporting System--Modified (LARS-M). The FCA is seeking public comment on changes the it should consider making to the loan data it collects; what processes and technological approaches to employ when collecting loan data; how to minimize the reporting burden on System institutions while meeting agency needs; and what types of standardized reports to make available to the general public and System institutions.

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69 Fed. Reg. 10901 (March 9, 2004) (final rule) (to be codified at 12 C.F.R. Parts 609, 611, 612, 614, 615, and 617). The Farm Credit Administration issues this final rule to clarify the rights provided in the Farm Credit Act of 1971, as amended, for loan applicants and borrowers of the Farm Credit System. The final rule further explains the responsibilities of the System in providing these rights, responds to comments, and places all borrower rights provisions in one part of its regulations.

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69 Fed. Reg. 11013 (March 9, 2004) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 8657 (February 25, 2004) (notice). The Farm Credit Administration (FCA) proposes to revise an existing system of records titled "Inspector General Investigative Files," FCA-18, last published in 1992, maintained by FCA's Office of Inspector General (OIG). Two new routine uses are being added to comply with an effort by the President's Council on Integrity and Efficiency and the Executive Council on Integrity and Efficiency to conduct qualitative assessment reviews of investigative operations and for the purpose of reporting to the President and Congress on the activities of the OIG.

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69 Fed. Reg. 8407 (February 24, 2004) (notice). The Farm Credit Administration (FCA) provides, in this notice, the guidance that the Farm Credit System (FCS or System) requested about the regulatory treatment of syndicated loans to eligible borrowers. This notice also reaffirms FCA's longstanding interpretation that syndicated loans to eligible borrowers come within FCS banks' and associations' lending powers, not their loan participation authorities.

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69 Fed. Reg. 7953 (February 20, 2004) (notice). Pursuant to the Government in the Sunshine Act the Farm Credit Administration gave notice on February 9, 2004 (69 FR 5986) of the special meeting of the Farm Credit Administration Board scheduled for February 10, 2004. This notice is to amend the agenda by moving three open session items to the closed session of that meeting.

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69 Fed. Reg. 5986 (February 9, 2004) (notice). This notice announces a meeting of the Farm Credit Administration Board.

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69 Fed. Reg. 3584 (January 26, 2004) (notice). Notice is hereby given that the February 12, 2004 regular meeting of the Farm Credit Administration Board will not be held. The FCA Board will hold a special meeting at 9 a.m. on Tuesday, February 10, 2004. An agenda for this meeting will be published at a later date.

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69 Fed. Reg. 2354 (January 15, 2004) (notice). The Farm Credit Administration gave notice on January 6, 2004, of the regular meeting of the Farm Credit Administration Board scheduled for January 8, 2004. This notice is to amend the agenda by adding an item to a closed session of that meeting.

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69 Fed. Reg. 659 (January 6, 2004) (notice). This notice announces the regular meeting of the Farm Credit Administration Board .

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68 Fed. Reg. 75557 (December 30, 2003) (notice). This notice announces the approval and availability of the Farm Credit Administration's Strategic Plan for Fiscal Years 2004-2009. The Government Performance and Results Act of 1993 requires that Federal agencies update their strategic plans at least every 3 years and, in doing so, solicit the views and suggestions of those entities potentially affected by or interested in the plan. In formulating the revised Strategic Plan, the agency solicited input from various constituent groups.

View this notice:


68 Fed. Reg. 73874 (December 22, 2003) (proposed rule) (to be codified at 12 C.F.R. Ch. VI). The Farm Credit Administration, as an independent regulatory agency, in compliance with Executive Order 12866, sets forth the following agenda of regulations, which it will have under development and review during the 12 months following publication.

View this proposed rule:


68 Fed. Reg. 68389 (December 8, 2003) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.

View this notice:


68 Fed. Reg. 65417 (November 20, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 614, 620, and 630). The Farm Credit Administration is reopening the comment period on the proposed rule to amend the agency's regulations governing the Farm Credit System's mission to provide sound and constructive credit and services to young, beginning, and small farmers and ranchers, and producers or harvesters of aquatic products. This additional comment period will give interested parties more time to consider the issues raised in the proposed rule and respond.

View this proposed rule:


68 Fed. Reg. 63796 (November 10, 2003) (notice). This notice announces that a regular meeting of the Farm Credit Administration Board.

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68 Fed. Reg. 60689 (October 23, 2003) (notice). The Farm Credit Administration is reopening the comment period on our request for public comment on an inquiry by a Farm Credit System institution for approval to offer farm management and agricultural trust services as authorized "Related Services."

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68 Fed. Reg. 60627 (October 23, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 614 and 615). The Farm Credit Administration is reopening the comment period on the proposed rule to amend the agency's regulations governing other financing institutions and investments in Farmers' notes so all interested parties will have more time to respond.

View this proposed rule:


68 Fed. Reg. 60102 (October 21, 2003) (notice). This notice announces the availability of the Farm Credit Administration's Draft Strategic Plan for Fiscal Years 2004-2009. The Government Performance and Results Act of 1993 requires that Federal agencies update their strategic plans at least every three years and, in doing so, solicit the views and suggestions of those entities potentially affected by or interested in the plan. Therefore, the agency is interested in receiving comments on our draft strategic plan.

View this notice:


68 Fed. Reg. 59175 (October 14, 2003) (notice). The Farm Credit Administration gave notice on October 7, 2003 of the regular meeting of the Farm Credit Administration Board scheduled for October 9, 2003. This notice is to amend the agenda by removing an item from the closed session of that meeting.

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68 Fed. Reg. 57894 (October 7, 2003) (notice). This notice announces a regular meeting of the Farm Credit Administration Board.

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68 Fed. Reg. 53915 (September 15, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 614, 620, and 630). The Farm Credit Administration proposes to amend its regulations governing the Farm Credit System's mission to provide sound and constructive credit and services to young, beginning, and small farmers and ranchers, and producers or harvesters of aquatic products. Additionally, the agency proposes to amend the System's disclosure to shareholders and investors to include reporting on its service to YBS farmers and ranchers.

View this proposed rule:


68 Fed. Reg. 53168 (September 9, 2003) (notice). The notice announces the regular meeting of the Farm Credit Administration Board.

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68 Fed. Reg. 49773 (August 19, 2003) (notice). The Farm Credit Administration requests public comment on an inquiry by a Farm Credit System institution for approval to offer farm management and agricultural trust services as authorized ``Related Services.'' The requested services are being published for a 60-day public comment period prior to the Farm Credit Adminstration acting on the request to offer such services.

View this notice:


68 Fed. Reg. 47918 (August 12, 2003) (notice). This notice announces the regular meeting of the Farm Credit Administration Board.

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68 Fed. Reg. 47502 (August 11, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 614 and 615). The Farm Credit Administration proposes to amend its regulations governing other financing institutions and investments in Farmers' notes so it would be easier for Farm Credit System institutions and non-System lenders to work together in providing affordable credit to agriculture and rural America. In addition, the proposed rule would remove provisions in the existing other financing institutions and Farmers' notes regulations that: Impede the flow of credit; are not required by law; or do not enhance safe and sound operations. The Farm Credit Administration also proposes related amendments to its capital regulations.

View this proposed rule:


68 Fed. Reg. 44490 (July 29, 2003) (proposed rule) (to be codified at 12 C.F.R. Part 613). The Farm Credit Administration is extending the comment period on our Advance Notice of Proposed Rulemaking concerning eligibility and scope of financing for farmers, ranchers, and aquatic producers or harvesters, and ``moderately priced'' rural housing. The Farm Credit Administration is extending the comment period so all interested parties have more time to respond to our questions.

View this proposed rule:


68 Fed. Reg. 37824 (June 25, 2003) (notice). The Farm Credit Administration is extending the comment period on its notice concerning loan syndication transactions by Farm Credit System institutions so all interested parties have more time to respond to its questions.

View this notice:


68 Fed. Reg. 33617 (June 5, 2003) (notice). The Farm Credit Administration published a final rule under part 615 on April 16, 2003. This final rule amends the capital adequacy regulations to add a definition of total liabilities for the net collateral ratio calculation, limit the amount of term preferred stock that may count as total surplus, clarify the circumstances in which it may waive disclosure requirements for an issuance of equities by a Farm Credit System institution, and make several nonsubstantive technical changes. These amendments update, modify, and clarify certain capital requirements. The effective date of the regulations is June 5, 2003.

View this notice:


68 Fed. Reg. 27757 (May 21, 2003) (proposed rule) (to be codified at 12 C.F.R. Part 613, 614, 618). The Farm Credit Administration is proposing to amend regulations governing domestic and international lending, certain intra-Farm Credit System agreements concerning similar entity participation transactions, provisions of general financing agreements, and related services. The Farm Credit Administration is proposing these amendments to conform its regulations to recent changes in the Farm Credit Act of 1971, as amended, to address comments it has received requesting that the it reduce regulatory burden, ensure compliance with the Act, and clarify certain regulations.

View this proposed rule:


68 Fed. Reg. 5587 (February 4, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 611, 612, 614, and 617). The Farm Credit Administration is issuing this proposed rule to amend its regulations governing disclosure of effective interest rates and related information on loans. The proposed rule clarifies the current rule as to when and how qualified lenders must disclose the effective interest rates and other loan information to borrowers; when and how the cost of Farm Credit System borrower stock must be disclosed to borrowers; and how loan origination charges and other loan information must be disclosed to borrowers.

View this proposed rule:


68 Fed. Reg. 5595 (February 4, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 609, 614, 615, and 617). These Farm Credit Administration is issuing this proposed rule to clarify existing provisions, respond to comments, and to reorganize the rules into a separate section of its regulations. This update will help agricultural borrowers and institutions of the Farm Credit System better understand the rights Congress afforded applicants and borrowers of the System. This proposed rule is intended to clarify how Farm Credit System institutions should apply these rights to applicants and borrowers.

View this proposed rule:

68 Fed. Reg. 75557 (December 30, 2003) (notice). This notice announces the approval and availability of the Farm Credit Administration's Strategic Plan for Fiscal Years 2004-2009. The Government Performance and Results Act of 1993 requires that Federal agencies update their strategic plans at least every 3 years and, in doing so, solicit the views and suggestions of those entities potentially affected by or interested in the plan. In formulating the revised Strategic Plan, the agency solicited input from various constituent groups.

View this notice:


68 Fed. Reg. 73874 (December 22, 2003) (proposed rule) (to be codified at 12 C.F.R. Ch. VI). The Farm Credit Administration, as an independent regulatory agency, in compliance with Executive Order 12866, sets forth the following agenda of regulations, which it will have under development and review during the 12 months following publication.

View this proposed rule:


68 Fed. Reg. 68389 (December 8, 2003) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.

View this notice:


68 Fed. Reg. 65417 (November 20, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 614, 620, and 630). The Farm Credit Administration is reopening the comment period on the proposed rule to amend the agency's regulations governing the Farm Credit System's mission to provide sound and constructive credit and services to young, beginning, and small farmers and ranchers, and producers or harvesters of aquatic products. This additional comment period will give interested parties more time to consider the issues raised in the proposed rule and respond.

View this proposed rule:


68 Fed. Reg. 63796 (November 10, 2003) (notice). This notice announces that a regular meeting of the Farm Credit Administration Board.

View this notice:


68 Fed. Reg. 60689 (October 23, 2003) (notice). The Farm Credit Administration is reopening the comment period on our request for public comment on an inquiry by a Farm Credit System institution for approval to offer farm management and agricultural trust services as authorized "Related Services."

View this notice:


68 Fed. Reg. 60627 (October 23, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 614 and 615). The Farm Credit Administration is reopening the comment period on the proposed rule to amend the agency's regulations governing other financing institutions and investments in Farmers' notes so all interested parties will have more time to respond.

View this proposed rule:


68 Fed. Reg. 60102 (October 21, 2003) (notice). This notice announces the availability of the Farm Credit Administration's Draft Strategic Plan for Fiscal Years 2004-2009. The Government Performance and Results Act of 1993 requires that Federal agencies update their strategic plans at least every three years and, in doing so, solicit the views and suggestions of those entities potentially affected by or interested in the plan. Therefore, the agency is interested in receiving comments on our draft strategic plan.

View this notice:


68 Fed. Reg. 59175 (October 14, 2003) (notice). The Farm Credit Administration gave notice on October 7, 2003 of the regular meeting of the Farm Credit Administration Board scheduled for October 9, 2003. This notice is to amend the agenda by removing an item from the closed session of that meeting.

View this notice:


68 Fed. Reg. 57894 (October 7, 2003) (notice). This notice announces a regular meeting of the Farm Credit Administration Board.

View this notice:


68 Fed. Reg. 53915 (September 15, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 614, 620, and 630). The Farm Credit Administration proposes to amend its regulations governing the Farm Credit System's mission to provide sound and constructive credit and services to young, beginning, and small farmers and ranchers, and producers or harvesters of aquatic products. Additionally, the agency proposes to amend the System's disclosure to shareholders and investors to include reporting on its service to YBS farmers and ranchers.

View this proposed rule:


68 Fed. Reg. 53168 (September 9, 2003) (notice). The notice announces the regular meeting of the Farm Credit Administration Board.

View this notice:


68 Fed. Reg. 49773 (August 19, 2003) (notice). The Farm Credit Administration requests public comment on an inquiry by a Farm Credit System institution for approval to offer farm management and agricultural trust services as authorized ``Related Services.'' The requested services are being published for a 60-day public comment period prior to the Farm Credit Adminstration acting on the request to offer such services.

View this notice:


68 Fed. Reg. 47918 (August 12, 2003) (notice). This notice announces the regular meeting of the Farm Credit Administration Board.

View this notice:


68 Fed. Reg. 47502 (August 11, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 614 and 615). The Farm Credit Administration proposes to amend its regulations governing other financing institutions and investments in Farmers' notes so it would be easier for Farm Credit System institutions and non-System lenders to work together in providing affordable credit to agriculture and rural America. In addition, the proposed rule would remove provisions in the existing other financing institutions and Farmers' notes regulations that: Impede the flow of credit; are not required by law; or do not enhance safe and sound operations. The Farm Credit Administration also proposes related amendments to its capital regulations.

View this proposed rule:


68 Fed. Reg. 44490 (July 29, 2003) (proposed rule) (to be codified at 12 C.F.R. Part 613). The Farm Credit Administration is extending the comment period on our Advance Notice of Proposed Rulemaking concerning eligibility and scope of financing for farmers, ranchers, and aquatic producers or harvesters, and ``moderately priced'' rural housing. The Farm Credit Administration is extending the comment period so all interested parties have more time to respond to our questions.

View this proposed rule:


68 Fed. Reg. 37824 (June 25, 2003) (notice). The Farm Credit Administration is extending the comment period on its notice concerning loan syndication transactions by Farm Credit System institutions so all interested parties have more time to respond to its questions.

View this notice:


68 Fed. Reg. 33617 (June 5, 2003) (notice). The Farm Credit Administration published a final rule under part 615 on April 16, 2003. This final rule amends the capital adequacy regulations to add a definition of total liabilities for the net collateral ratio calculation, limit the amount of term preferred stock that may count as total surplus, clarify the circumstances in which it may waive disclosure requirements for an issuance of equities by a Farm Credit System institution, and make several nonsubstantive technical changes. These amendments update, modify, and clarify certain capital requirements. The effective date of the regulations is June 5, 2003.

View this notice:


68 Fed. Reg. 27757 (May 21, 2003) (proposed rule) (to be codified at 12 C.F.R. Part 613, 614, 618). The Farm Credit Administration is proposing to amend regulations governing domestic and international lending, certain intra-Farm Credit System agreements concerning similar entity participation transactions, provisions of general financing agreements, and related services. The Farm Credit Administration is proposing these amendments to conform its regulations to recent changes in the Farm Credit Act of 1971, as amended, to address comments it has received requesting that the it reduce regulatory burden, ensure compliance with the Act, and clarify certain regulations.

View this proposed rule:


68 Fed. Reg. 5587 (February 4, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 611, 612, 614, and 617). The Farm Credit Administration is issuing this proposed rule to amend its regulations governing disclosure of effective interest rates and related information on loans. The proposed rule clarifies the current rule as to when and how qualified lenders must disclose the effective interest rates and other loan information to borrowers; when and how the cost of Farm Credit System borrower stock must be disclosed to borrowers; and how loan origination charges and other loan information must be disclosed to borrowers.

View this proposed rule:


68 Fed. Reg. 5595 (February 4, 2003) (proposed rule) (to be codified at 12 C.F.R. Parts 609, 614, 615, and 617). These Farm Credit Administration is issuing this proposed rule to clarify existing provisions, respond to comments, and to reorganize the rules into a separate section of its regulations. This update will help agricultural borrowers and institutions of the Farm Credit System better understand the rights Congress afforded applicants and borrowers of the System. This proposed rule is intended to clarify how Farm Credit System institutions should apply these rights to applicants and borrowers.

View this proposed rule:

67 Fed. Reg. 64320 (October 18, 2002) (proposed rule) (to be codified at 12 C.F.R. Part 614). The proposed rule announces that the Farm Credit Administration will hold a public meeting to consider whether regulatory changes are needed to enhance the Farm Credit System's service to young, beginning, and small farmers, ranchers, and producers or harvesters of aquatic products.

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67 Fed. Reg. 45729 (July 10, 2002) (notice). This notice announces the forthcoming regular meeting of the Farm Credit Administration Board.

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67 Fed. Reg. 31,938 (May 13, 2002) (notice). This notice announces the Semiannual Regulatory Agenda for the FCA. It contains summary descriptions of regulations being developed in each of the agencies of the FCA.

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67 Fed. Reg. 21,681 (May 1, 2002) (notice). This notice announces the availability of the draft guidelines prepared by the FCA pursuant to the requirements of Section 515 of the Treasury and General Government Appropriations Act for Fiscal Year 2001 (Public Law 106-554; H.R. 5658). This Act requires that all Federal agencies issue guidelines ensuring the "quality, objectivity, utility, and integrity of the information (including statistical information) that they disseminate." The FCA guidelines can be found at the FCA website at http://www.fca.gov/. Comments should be submitted to FCA by May 31, 2002.

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67 Fed. Reg. 17,907 (Apr. 12, 2002) (final rule) (to be codified at 12 C.F.R. pts. 611, 614). This final rule amends the regulations to allow a Farm Credit System (FCS) bank or association to terminate its FCS charter and become a financial institution under another Federal or State chartering authority. Pursuant to 67 Fed. Reg, 35,895 (May 22, 2002) (notice), the effective date of this new regulation is May 13, 2002.

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67 Fed. Reg. 16,627 (Apr. 8, 2002) (final rule) (to be codified at 12 C.F.R. pts. 609, 620). This final rule creates a new regulatory part governing Electronic Commerce (E-commerce) by Farm Credit System institutions and amends another part to specifically allow electronic disclosures. Pursuant to 67 Fed. Reg, 30,772 (May 8, 2002) (notice), the effective date of this new regulation is May 8, 2002.

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67 Fed. Reg. 1281 (Jan. 10, 2002) (to be codified at 12 C.F.R. pts. 614, 619). This final rule amends the Farm Credit System (FCS) loan participation regulations to expand the opportunity for FSC lenders to participate in a non-system loans. Under the new rule, system institutions will be allowed to buy and sell loan participations up to 100% of the outstanding principal.

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