§ 615.5356. Notice of intent to issue a capital directive.
63 words·~1 min read·
/us/cfr/t12/s§ 615.5356·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Farm Credit Administration will notify an institution in writing of its intention to issue a capital directive. The notice will state:
(a)The reasons for issuance of the capital directive;
(b)The proposed contents of the capital directive, including the proposed date for achieving the minimum capital requirement; and
(c)Any other relevant information concerning the decision to issue a capital directive.