C.F.R. » Title 12 » CHAPTER VI—FARM CREDIT ADMINISTRATION › SUBCHAPTER B—FARM CREDIT SYSTEM › PART 615—FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS › Subpart A—Funding

12 C.F.R. § 615.5030

Borrowings from commercial banks

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Each System bank board, by resolution, shall authorize all commercial bank borrowings by that System bank.

[54 FR 1159, Jan. 12, 1989, as amended at 75 FR 35968, June 24, 2010]