§ 611.1000. General authority.
120 words·~1 min read·
/us/cfr/t12/s§ 611.1000·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)An amendment to a Farm Credit bank charter may relate to any provision that is properly the subject of a charter, including, but not limited to, the name of the bank, the location of its offices, or the territory served.
(b)The FCA may make changes in the charter of a Farm Credit bank as may be requested by that bank and approved by the FCA pursuant to § 611.1010 of this part.
(c)The FCA may, on its own initiative, make changes in the charter of a Farm Credit bank, and any chartered service corporation thereof, where the FCA determines that the change is necessary to accomplish the purposes of the Act. [80 FR 51116, Aug. 24, 2015]