Federal Agricultural Mortgage Corporation; Receivers and Conservators

Resumo

The Farm Credit Administration (FCA or Agency), through the FCA Board (Board), issues a final rule amending its regulations that apply to the Federal Agricultural Mortgage Corporation (Farmer Mac or Corporation) by adding a subpart to govern a receivership or conservatorship. The final rule implements the receivership/ conservatorship authorities granted to the FCA by the Farm Credit System Reform Act of 1996 (1996 Reform Act), Pub. L. 104-105 (Feb. 10, 1996) and by previous law.