Rolnictwo i finanse · 05/11/1997

Loan Policies and Operations; Definitions; Loan Underwriting; Effective Date

The Farm Credit Administration (FCA) published a final rule under parts 614 and 619 on September 30, 1997 (62 FR 51007). The final rule amends the regulations relating to loan underwriting in response to comments received from the FCA Board's initiative to reduce regulatory burden and in an effort to streamline the regulations and set clear minimum regulatory standards where appropriate. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is November 5, 1997.