For the purposes of this part, the following definitions apply:
Act means the Farm Credit Act of 1971, as amended.
Conservator means the Farm Credit System Insurance Corporation acting in its capacity as the conservator of a Farm Credit institution.
Farm Credit institution(s) or institution(s) means all Farm Credit banks, associations, service corporations chartered under title IV of the Act, and the Federal Farm Credit Banks Funding Corporation. These two terms do not include any bridge System bank chartered by FCA, in accordance with section 5.61C(h)(2) of the Act.
FCSIC means the Farm Credit System Insurance Corporation.
Receiver means FCSIC acting in its capacity as the receiver of a Farm Credit institution.
authority: Secs. 4.2, 5.9, 5.10, 5.17, 5.51, 5.58, 5.61, 5.61C of the Farm Credit Act (
12 U.S.C. 2183,
2243,
2244,
2252,
2277a,
2277a-7
source: 57 FR 46482, Oct. 9, 1992, unless otherwise noted.
cite as: 12 CFR 627.2