§ 611.1137. Title VIII service corporations.
94 words·~1 min read·
/us/cfr/t12/s§ 611.1137·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)What is a title VIII service corporation? A title VIII service corporation is a service corporation organized for the purpose of exercising the authorities granted under title VIII of the Act to act as an agricultural mortgage marketing facility.
(b)How do I form a title VIII service corporation? A title VIII service corporation is formed and subject to the same requirements as a service corporation formed under § 611.1135, with one exception. The Federal Agricultural Mortgage Corporation or its affiliates may not form or own stock in a title VIII service corporation.