1. LawStack
  2. Title 12 - Banks and Banking
  3. Chapter VI - FARM CREDIT ADMINISTRATION
  4. Subchapter B - FARM CREDIT SYSTEM
  5. Part 615 - FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS
  6. Subpart Q - Bankers' Acceptances
  7. 12 CFR § 615.5550
12 CFR § 615.5550
Bankers' acceptances
November 10, 2020
CFR

Banks for cooperatives may rediscount with other purchasers the acceptances they have created. The bank for cooperatives' board of directors, under established policies, may delegate this authority to management.

[71 FR 65387, Nov. 8, 2006]

Tried the LawStack mobile app?

Join thousands and try LawStack mobile for FREE today.

  • Carry the law offline, wherever you go.
  • Download CFR, USC, rules, and state law to your mobile device.

Designed and built by Tekk Innovations LLC, the makers of the LawStack iPhone app or Android app.

© 2020 Tekk Innovations LLC