12 C.F.R. § 611.1000
General authority
(a) An amendment to a Farm Credit bank charter may relate to any provision that is properly the subject of a charter, including, but not limited to, the name of the bank, the location of its offices, or the territory served.
(b) The FCA may make changes in the charter of a Farm Credit bank as may be requested by that bank and approved by the FCA pursuant to § 611.1010 of this part.
(c) The FCA may, on its own initiative, make changes in the charter of a Farm Credit bank, and any chartered service corporation thereof, where the FCA determines that the change is necessary to accomplish the purposes of the Act.
Notes of Decisions
Cited in 1
case, 1978–1978 · leading case: Daley v. Farm Credit Admin., 454 F. Supp. 953 (D. Minnesota 1978).
Daley v. Farm Credit Admin., 454 F. Supp. 953 (D. Minnesota 1978). “The Farm Credit Administration (FCA) promulgated a rule concerning eligibility for district board membership, located at 12 C.F.R. § 611.1000 (a), which provides that “The district board may adopt additional eligibility requirements, such as an age limitation or a number of…”
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