Statutes, codes, and regulations
Code of Federal Regulations
Title 12 - BANKS AND BANKINGChapter VI - FARM CREDIT ADMINISTRATIONSubchapter B - FARM CREDIT SYSTEMPart 617 - BORROWER RIGHTS
Subpart F - DISTRESSED LOAN RESTRUCTURING DIRECTIVE
Section 617.7520 - How does the FCA issue a directive and when will it be effective?

12 C.F.R. § 617.7520

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Current through September 30, 2024
Section 617.7520 - How does the FCA issue a directive and when will it be effective?

A distressed loan restructuring directive is effective immediately on receipt by the qualified lender, or on such later date as may be specified by FCA, and will remain effective and enforceable until it is stayed, modified, or terminated by FCA.

12 C.F.R. § 617.7520