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Code · STATUTE-COMPILATIONS · Farm Credit Act of 1971 · Sec. 5.22A

Sec. 5.22A. UNIFORM FINANCIAL REPORTING INSTRUCTIONS

138 words·~1 min read·/statute-compilations/comps-10314/sec-5-22a

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## SEC. 5.22A UNIFORM FINANCIAL REPORTING INSTRUCTIONS **[**[12 U.S.C. 2257a](/us/usc/t12/s2257a)**]** ###
(a)In General Each System institution shall comply with uniform financial reporting instructions required by the Farm Credit Administration, to standardize and facilitate the reporting of System data. ###
(b)Computerized System If the financial reports are maintained by a computer system, each System institution may develop an internal computer system or it may contract out to a vendor under open competitive bidding any or all aspects of the computerized system. ###
(c)Submission of Proposal Within 6 months of the date of the enactment of this section, each System institution shall submit to the Farm Credit Administration a report on the plan of that institution to bring the operations of the institution into compliance with the uniform financial reporting instructions required by the Farm Credit Administration.
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Sec. 5.22A
UNIFORM FINANCIAL REPORTING INSTRUCTIONS
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