12 C.F.R. § 611.1120
General authority
(a) An amendment to an association charter may relate to any provision that is properly the subject of a charter, including, but not limited to, the name of the association, the location of its offices, or the territory served.
(b) The FCA may make changes in the charter of an association as may be requested by that association and approved by the FCA pursuant to § 611.1121 of this part.
(c) The FCA may, on its own initiative, make changes in the charter of an agricultural credit association, Federal land bank association, or a production credit association, 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, 1997–1997 · leading case: Farm Credit Servs. of Mid-Am. v. Indiana Dep't of State Revenue, 677 N.E.2d 645 (Ind. T.C. 1997).
Farm Credit Servs. of Mid-Am. v. Indiana Dep't of State Revenue, 677 N.E.2d 645 (Ind. T.C. 1997). “§§ 2071 , 2091, 2212, 2279e (West 1989); 12 C.F.R. § 611.1120 (1996). In fact, an ACA may not even terminate its own existence without complying with various procedural requirements and receiving approval from the Farm Credit Administration Board.”
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